A family constitution helps the next generation transition. Just look at the Royal Family
The first step in establishing good family governance is to put a legal structure in place to identify where the control and economic interests lie.
During his first investiture ceremony, Prince William nervously wielded the investiture sword over Andy Murray's shoulders to dub him a knight of the realm. It was endearing that he admitted to being nervous and that he practised with his father to make sure he didn't slice off someone's ear.
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March sees the launch of the Treasury Committee’s report ‘Tax after coronavirus’, Budget Day and a later release of tax related consultations and calls for evidence. Join our experts at 11am on 24 March to see how these developments may affect you.
At its most basic, a trustee owes a higher duty of care to look after someone else’s assets their own. A trustee acts personally, and if an individual, without the protection of any form of limited liability.
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