a decade-long reform process, long-awaited legislation governing trusts will
come into force on 30 January 2021.
The New Year will bring changes affecting
both trustees and trust beneficiaries - from new duties and changes to
record-keeping for trustees, to rights to information for beneficiaries. These changes provide a chance to rethink how each individual trust will best work for all
Download The Big Picture: New rules for trusts - a toolkit for trustees or read below.
This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.