Publisher's Synopsis
With an emphasis on clarity and ease of understanding, this title aims to cut through verbosity and avoid all outdated and unnecessary complexities to help the practitioner prepare trust documents which are exactly what the client requires. It contains advice to simplify the drafting process and goes through the general issues in drafting trusts and will trusts, the choices which have to be made and the issues that concern the settlor and testator, the appropriate choice of beneficiaries, protecting trust funds against the divorcing spouse or creditors of beneficiaries, and the appropriate controls on trustees. The book covers the technical issues involved in drafting settlements; common mistakes and traps; which matters are essential to cover and matters which may safely be omitted. It discusses the meaning and suitability of a wide range of forms commonly found in settlements. The text should assist anyone trying to understand the terms of existing settlements, as well as drafting new ones