Trust Practitioner's Handbook Book

The creation, administration and taxation of trusts, and the powers and duties of trustees, are now heavily regulated areas. "The Trust Practitioner's Handbook" provides an accessible guide to advising clients on the possibilities provided by trusts, the tax position, and the administration of trusts. Busy practitioners will wish to avoid negligence for failing to invest correctly and avoid tax penalties for missing tax deadlines or incorrectly assessing tax bills. Good systems can help, and this book addresses how these systems might be used. Delegation of trust management functions like investment advice must comply with the practitioner's regulatory regime, and guidance is given on how this should be approached. Making trust administration pay is a challenge and the book also provides ideas to improve profitability. A 'good practice' guide for all those involved in the administration of trusts, this book makes trusts law accessible with checklists, examples, precedents and case studies.Read More