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Making a will is an important rite of passage into adulthood. Over time, a person’s will may be up-dated to reflect changing cirucmstances or allegiances. Some people write their own wills, more commonly a lawyer is engaged to draft the will. The difficulty with a will of course is that by its very nature it is only operative when the … Continue reading →
Testamentary trusts are the most common form of trust in existence. A new pages has been added to this blog to consider and comment on issues and matters peculiar to wills and testatmentary trusts. See Wills and testamentary trusts
Two recent cases have highlighted the importance of ensuring that any person who disposes of assets onto trust should update their will to reflect the disposition, and if relevant link to the trust. In one case the fact that assets purported to be bequested by will had previously been transferred to a trust was used in … Continue reading →
Matters of Trust