Question: I have a query about your Family Trust Deeds. We prefer a schedule that sets out all the players and terms - preferably at the end of the deed. I note that law firms tend to be doing away...
Question: I have a query about your Family Trust Deeds. We prefer a schedule that sets out all the players and terms - preferably at the end of the deed. I note that law firms tend to be doing away with schedules. I have a Brett Davies Lawyers Family Trust Deed which was prepared in the 1980s. It has a schedule that provided a quick overview of: • Date of deed • Trust Name • Settler and address • Trustees and address • Default beneficiaries • Classes of beneficiaries • Appointor • Settled sum
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Great...keeping it simple in an ever complex world is a very very very smart thing to do. We know solicitors are very intelligent people but they are even more intelligent to write documents in a simple and easy to understand language for everyone.
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