Declarations of Trust

This work provides guidance on using declarations of trust - often overlooked at drafting stage - across a range of activities to protect a client's interests. They are highly practical in matrimonial property and finance where they can be used, for example, in the event of a family split or bankruptcy. The same applies with arrangements such as " granny flats", where the document will record the interest of "Granny" in the property, giving her some protection if her children go bankrupt or get divorced. Declarations of trusts in company shareholdings, tenancies in common, insurance policies, settlements, wills, equities and investments are each looked at in tum. In addition, their use in warding off the effects of insolvency and taxation is also addressed so that practitioners can best prepare for their client's interests.
 
This work provides guidance on using declarations of trust - often overlooked at drafting stage - across a range of activities to protect a client's interests. They are highly practical in matrimonial property and finance where they can be used, for example, in the event of a family split or bankruptcy. The same applies with arrangements such as " granny flats", where the document will record the interest of "Granny" in the property, giving her some protection if her children go bankrupt or get divorced. Declarations of trusts in company shareholdings, tenancies in common, insurance policies, settlements, wills, equities and investments are each looked at in tum. In addition, their use in warding off the effects of insolvency and taxation is also addressed so that practitioners can best prepare for their client's interests.