Subjects:

Equity and Trusts

In recent years there have been extensive statutory provisions in the area of trusts (Trusts of Land & Appointment of Trustees Act 1996, Trustee Delegation Act 1999, Trustee Act 2000) and change is still in the air. "The Trust Practitioner's Handbook" takes a practical look at the implications of these changes in the day-to-day administration of trusts.

Hard-pressed practitioners will wish to avoid negligence for failing to invest correctly and avoid tax penalties for missing tax deadlines or incorrectly assessing tax bills. Good systems can help and this book addresses how these systems might be used. Delegation of trust management functions like investment advice must comply with the practitioner's regulatory regime and guidance is given on how this should be approached. Making trust administration pay is a challenge and the book provides ideas to improve profitability.

A 'good practice' guide for all those involved in the administration of trusts, this book puts trusts law into practice in a readable style with checklists, worked examples and precedents.