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Bankrupt; beneficiary; Erceg; property rights; Insolvency Act;

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Bankrupt beneficiaries

Trusts are settled for many reasons.  While there is no one primary reason for settling a trust, creditor protection is perhaps the most commonly cited reason; perhaps because the settlor is carrying on a risky venture; perhaps because the settlor wishes to ward off the nebulous risks beneficiaries may incur. Which is all fine. But … Continue reading

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