Lost trust deeds

If your client has lost a trust deed, and all copies of it, what should they do?

The leading texts are silent on this question, but thankfully my colleague Dominique Hogan-Doran has prepared a thoroughly helpful and practical guide for what to do in order to make an application to the Court seeking a declaration as to the terms of an existing trust.  Her post is found here and is well worth a read.

As Dominique notes, this is an area in which to tread lightly to avoid unintended tax consequences.  Getting this wrong could result in a new trust or a resettlement.  But painstaking investigation to piece together the terms of the trust can pay dividends, with recognition of the existing terms of the trust and no nasty tax surprises.


One thought on “Lost trust deeds

  1. Pingback: Lost Trust Deeds – Part 2 | Equity, Trusts and More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s