Seven crucial questions for Trusts
The most significant change to Trust legislation in over 50 years is coming.
The Trusts Act 2019 replaces the Trustee Act 1956 and the Perpetuities Act 1964 and aims to make Trust law more accessible to everyday users. The Act clarifies and simplifies core Trust principles and obligations for Trustees to improve understanding about how Trusts operate.
Over the next several weeks, we will cover 7 crucial questions you should be asking if you have a Trust, well in advance of when the Act comes into force – January 30, 2021.