The Trustee-s Handbook : Checklists and Precedents for Trustees

The Trustees Handbook is a must have for trustees, trust advisers and anyone involved with administering trusts.

This 6th edition includes 120 precedent minutes and resolutions. The precedents reflect day-to-day decisions that trustees make and matters that trustees need to take into consideration.

As well as references to contemporary case law, the book includes comprehensive and practical checklists to guide trustees as they go about the everyday business of being a trustee.

Topics covered include:

the practical implications of the Trusts Act 2019

default and mandatory decisions

ascertaining beneficiary needs

AML/CFT, FATCA and CRS

source of wealth considerations

factors to consider when structuring a trust

factors to consider when deciding whether to accept appointment as a trustee

reviewing a trust deed

whether or not to act personally or through a corporate trustee

practical considerations for corporate trustees

important set-up procedures for administration

decision making

how to exercise powers of investment

how to ratify decisions

gifting considerations

how to retire as a trustee.