trusts Archives

SHAM TRUSTS: COULD YOUR FAMILY TRUST BE A SHAM?

By garreth | May 11, 2014

How a trust might become a sham: A trust that starts off as genuine and legitimate – the trustees are all involved in decision-making – might become a sham if one trustee in effect hijacks the rest. What do we mean?

COMMON MISCONCEPTIONS ABOUT FAMILY TRUSTS

By garreth | April 2, 2014

The beneficiaries have the legal right to be informed and to be considered, and as a trustee you must prove that you have consistently done this. In other words, there is no such thing as a “passive” trustee.