First principles; style; beneficiaries; trustees and trustees powers; trust property; the rule against perpetuities; procisions of a settlement; interest in possession settlements; accumulation and maintenance settlements; A&M settlements income clauses; A&M settlements structure and drafting; provisions inconsistent with IP and A&M trusts; discretionary settlements; drafting will trusts; administrative provisions; stamp duty; execution of wills and trust deeds; precedents for lifetime settlements; precedents for will trusts; precedents for administrative provisions. Appendix: STEP standard provisions and commentary.