Equity And The Law — Of Trusts

Safeguarding wealth from creditors or mismanagement. Tax Planning: Managing inheritance tax and capital gains.

Providing for children or vulnerable relatives who cannot manage money themselves. 5. The Fiduciary Duty

Equity and Trusts ensure that the law remains "human." By recognizing that the person whose name is on the deed might not be the person who truly "owns" the value, the law protects the vulnerable and honors the true intentions of property owners. Equity and the Law of Trusts

Is it clear exactly who the beneficiaries are? 4. Why Use Trusts? Trusts are versatile tools used for:

Is it clear exactly what property is being held in trust? Safeguarding wealth from creditors or mismanagement

At its core, a trust is a relationship where one person holds property for the benefit of another. It effectively splits ownership into two parts: Held by the Trustee , who manages the property.

Promoting public benefits (education, poverty relief, religion). At its core

"Equity will not suffer a wrong to be without a remedy."