Trust law has grown and developed over recent years through the continued ingenuity of practitioners and the provision of innovative new trust laws by offshore jurisdictions. The wealth managed through the medium of trust law has also changed in recent years, as increasingly it has come from the newly rich of Asia. This brings distinctive issues to the fore: the role of settlors, family members and trusted advisors in trust administration; the position of trustees in relation to instructions coming from such persons; and an increased desire for confidentiality in trust administration and the settlement of trust disputes. This collection focuses on trusts which are deliberately created to manage wealth and the concomitant issues such trusts raise in other areas of law. Essays from leading members of the judiciary, practitioners and academics explore these developments and their implications for the users of trust law and for society in general.

This book is essential for anyone involved with a revocable living trust. If you are a trustee of a trust with either existing or future beneficiaries, you will acquire very valuable information about your responsibilities from this book and the other volumes in this four part series. The authors have decades of experience in dealing with issues presented to trustees, both the common ones and the often surprising ones that pop up. The text is easy reading because it is presented in a very helpful question and answer format. Legal jargon is avoided and the authors handle technical matters in an understandable, common sense digestible way. If you are looking for a dynamic, thorough and interesting book on the subject of trustees, pick this one. Questions? Contact the authors at [email protected]