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WWW.step.orgy Make a Trust? The professional body for trust and estate practitionersWhat is a Trust? Trusts have been used by families for centuries Dick Whittington (of pantomime fame) used a trust
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Trusts have been used as a legal arrangement where a person (trustor) gives control of their assets to a trustee for the benefit of one or more beneficiaries.
Trustees or administrators of trusts are required to file trusts that have been used.
Trusts that have been used can be filled out by providing all relevant information about the trust, its beneficiaries, trustees, assets, and purposes.
The purpose of trusts that have been used is to provide a legal structure for managing assets and distributing them to beneficiaries according to the trust agreement.
Information that must be reported on trusts that have been used includes details about the trust, its beneficiaries, trustees, assets, income, and distributions.
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