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Practical Considerations for TrusteesDate: 30/04/2020 Type: Articles Topic:
Author: Andrew Peedom - Collas Crill
The profound impact which the current pandemic has had on all aspects of life cannot be understated. This, of course, includes the global economic downturn; in some quarters it has been compared to, or indeed said to be likely to eclipse, the Great Depression.
Dealing with the Death of a SettlorDate: 13/04/2020 Type: Articles Topic: International |
Author: Tara Hopwood - Summit Trust
Trusts are settled for many reasons but succession planning is usually featured at the top of this list. Many settlors like the idea of leaving a legacy, of leaving their accumulated wealth in safe hands and of doing what they can to minimise if not completely eliminate family disharmony after their passing.
Trustees and Divorce: Navigating Stormy WatersDate: 13/04/2020 Type: Articles Topic: Finances |
Author: Jonathan Arr, Elizabeth Doherty & Ed Parry Smith - Macfarlanes
Debt, death and divorce: often grimly cited as the estate agent’s best friends, they are also three main harbingers of trust litigation. The last of these can be particularly troublesome for trustees, who can find themselves in a difficult position when a beneficiary (or beneficiaries) of a discretionary trust divorce, especially when it is taking place in the English courts