Adrian Shipwright Moore and Blatch and Rupert Baldry Pump Court Tax Chambers consider what is necessary for the creation of a valid express private trust
The purpose of this article is to consider in general terms what is necessary for the creation of a valid express private trust and some vitiating factors. We propose to deal with some of the more important topics in a series of more specific articles to follow.
In this context an 'express' trust is one which is intentionally created as opposed to one implied by law.1 The expression 'private' trust is used to distinguish such trusts from charities and similar trusts.
A person who is to be a trustee needs to know what property is to be held and...
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Adrian Shipwright Moore and Blatch and Rupert Baldry Pump Court Tax Chambers consider what is necessary for the creation of a valid express private trust
The purpose of this article is to consider in general terms what is necessary for the creation of a valid express private trust and some vitiating factors. We propose to deal with some of the more important topics in a series of more specific articles to follow.
In this context an 'express' trust is one which is intentionally created as opposed to one implied by law.1 The expression 'private' trust is used to distinguish such trusts from charities and similar trusts.
A person who is to be a trustee needs to know what property is to be held and...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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