Trusts: protection for trustees - thoughts and experiences in practice
There is a reason why "trusts" and "trustees" are so named. At its most basic, a trustee owes a higher duty of care to look after someone else’s assets (often very valuable, complicated or difficult) for one or more other people (sometimes complicated and/or difficult), than he/she would do if they were his/her own.
In this article (which was first published in Private Client Business, a Thomson Reuters publication P.C.B. 2021,1. 11-17) Paul Whitehead shares his thoughts, experiences and some useful pointers when considering these issues, drawn primarily from his own practical experience.
To read the article in full, please click on the link below.
Trusts_protection_for_trustees_-_thoughts_and_experiences_in_practice_1.pdf - 161.1 KB
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