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Vol 21 No 11 Nov/Dec 2016

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Tolley's Administration of Trusts Looseleaf

Edited by: Owen Clutton, Simon Jennings

ISBN13: 9780754508052
Latest Release: November 18, 2016
Publisher: LexisNexis Butterworths
Country of Publication: UK
Format: Looseleaf
Price: £429.00
Subscription Type: Pay-as-you-go



This is a Print On Demand Title.
The publisher will print a copy to fulfill your order. Books can take between 1 to 3 weeks. Looseleaf titles between 1 to 2 weeks.

Endorsed by STEP.

Written by a team of more than 20 distinguished and leading experts in the field, Tolley’s Administration of Trusts provides practical and accessible guidance on all aspects of trust administration.

Published in association with STEP (Society of Trust and Estate Practitioners), this looseleaf has been designed to help practitioners in this area.

Contents comprise:-

  • Categories of Trust
  • Appointment and Retirement of Trustees
  • Trustees’ Powers and Duties
  • Dealing with Trust Assets - Powers and Duties
  • Variation of Trusts
  • Rights of Creditors against Trustees and Trust Funds
  • Authority to Trustees to Incur Costs of Litigation
  • Action by Disgruntled Beneficiaries
  • UK Taxation of Trusts
  • Trust Accounts
  • Termination of Trusts
  • Foreign Element
  • Administration
In this one volume all the important legal provisions are discussed, and a variety of checklists, relevant forms and statutory material are included to provide practical assistance.

This comprehensive looseleaf provides an invaluable aid to lawyers, accountants, bankers and all those who administer trusts, or advise trustees and beneficiaries.

Approximately two issues per year, invoiced separately.

Subjects:
Equity and Trusts, Looseleaf Work
Contents:
2 Releases per year
Charged by Release
PART A: CATEGORIES OF TRUST
Part A Contents List
A1: Introduction
A2: Life interest trusts
A3: Discretionary trusts
A4: Accumulation and maintenance trusts
A5: Protected trusts
A6: Trusts for the disabled
A7: Will trusts and trusts on intestacy
A8: Fully secret and half secret trusts
A9: Charities and charitable trusts
PART B: APPOINTMENT AND RETIREMENT OF TRUSTEES
Francis Nation-Dixon
Part B Contents List
B1: What is a trustee?
B2: Who can act as trustee?
B3: Who should act?
B4: Trustees' remuneration
B5: Initial appointment of trustees
B6: Subsequent appointment
B7: Retirement
B8: Removal of trustees
B9: Charitable trusts
B10: Vesting of settlement property
B11: Precedents
PART C: TRUSTEES' POWERS AND DUTIES
Part C Contents List
C1: Beneficial powers and duties of trustees
C2: Rules against perpetuities and excessive accumulations
C3: Administrative duties and powers
C4: The Trustee Act 2000
PART D: DEALING WITH TRUST ASSETS - POWERS AND DUTIES
Part D Contents List
D1: Investing in commercial property
D2: Agricultural property
D3: Residential property
D4: Financial services and money laundering implications
D5: Managing quoted investments
D6: Private companies
D7: Works of art and chattels
D8: Foreign assets
D9: Miscellaneous assets
PART E: VARIATION OF TRUSTS
Michael Hayes
Part E Contents List
E1: Introduction
E2: Breaking and varying trusts without court assistance
E3: Breaking and varying trusts with court assistance
PART F: RIGHTS OF CREDITORS AGAINST TRUSTEES AND TRUST FUNDS
Part F Contents List
F1: Extent of trustees' liability
F2: Trustees' right of indemnity
F3: Creditors' rights against the trust fund
F4: Ways of limiting trustees' liability
F5: Special situations
F6: Procedural matters
F7: Reform and possible changes
PART G: AUTHORITY TO TRUSTEES TO INCUR COSTS OF LITIGATION
Part G Contents List
G1: Authority to trustees to incur costs of litigation
PART H: ACTION BY DISGRUNTLED BENEFICIARIES
Part H Contents List
H1: Action by disgruntled beneficiaries
H2: Minimising the need for court applications
PART I: THE UK TAXATION OF TRUSTS
Part I Contents List
I1: Returns and payment dates
I2: Special situations
I3: Income tax
I4: Capital gains tax
I5: Inheritance tax
I6: Value added tax
I7: Tax planning
I8: Charities;

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