Safeguarding wealth from creditors or mismanagement. Tax Planning: Managing inheritance tax and capital gains.
Where Common Law provides damages (money), Equity provides specific performance or injunctions. 2. The Essence of a Trust Equity and the Law of Trusts
At its core, a trust is a relationship where one person holds property for the benefit of another. It effectively splits ownership into two parts: Held by the Trustee , who manages the property. Safeguarding wealth from creditors or mismanagement