eprivateclient

The complexities and responsibilities of managing ageing structures

Mike Powell, director - private client services, Hawksford, 30/06/2021

It is always incumbent on trustees and advisory boards to ensure that any trust structure is serving a useful purpose. At some point it may also be appropriate to consider whether a trust has come to the end of its useful life. 

When trustees are considering the future of a trust, they must review why it was set up initially. Generally, this will be by reference to initial advice, early file notes...


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