Trusts in Scotland

Trusts in Scotland guidance:

Appointment as trustee in Will or deed In practice, trustees are appointed (or nominated) in the relevant or applicable deed of trust. For Will trusts (or mortis causa...

Practice Note

This table below contains an archive of news analysis on Scotland and Scots law developments of general application and those which affect various practice areas that has...

Practice Note

Express creation of trusts A trust is constituted expressly where the owner of property (the truster) transfers property to trustees to hold for defined purposes on...

Practice Note

What is a discretionary trust? A discretionary trust or discretionary settlement is an arrangement created when an individual—or individuals—(traditionally the truster or...

Practice Note

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________Director...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________Authorised Signatory...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________Company Secretary...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of the firm of________________________ at . . . . . . . . . . . . . ....

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ] as partner of and trustee for the Firm and as an individual...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ], as attorney for [ ] having full power to grant these presents on his/her behalf...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ]________________________ at . . . . . . . . . . . . . . . . . . . . . .on . . . ....

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ] as partner of and trustee for the Firm and as an individual...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of body] by ________________________*[Authorised Signatory...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________*[Authorised...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________Authorised Signatory...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________Director...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of the firm of________________________ at . . . . . . . . . . . . . ....

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ] as partner of and trustee for the Firm and as an individual...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ], as attorney for [ ] having full power to grant these presents on his/her behalf...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ]________________________ at . . . . . . . . . . . . . . . . . . . . . .on . . . ....

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed by [ ] as partner of and trustee for the Firm and as an individual...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of body] by ________________________*[Authorised Signatory...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Executed for and on behalf of [Name of corporate body] by affixing the common seal and by...

Precedents

Produced in partnership with Pamela Todd, Partner of Harper Macleod LLP Subscribed for and on behalf of [Name of Company] by ________________________*[Authorised...

Precedents

The rules regarding execution of documents governed by the laws of Scotland are contained in: • the Requirements of Writing (Scotland) Act 1995 (RW(S)A 1995), and • the...

Practice Note

Liferent trusts A liferent trust (or trust liferent) is a trust which, when settled, confers a use and income benefit, or both, in the trust property upon a beneficiary...

Practice Note

Definitions It is difficult to find a wholly satisfactory definition of ‘trust’, given the range of situations where trusts arise. The trust does not have a legal...

Practice Note

It is worth noting at the outset that powers will enable trustees to act and give effect to the trust purposes whereas duties will compel trustees to meet an obligation....

Practice Note

General nature of beneficiaries’ rights The right of the beneficiaries of a trust is generally considered in Scots law to be only a personal right, but there are...

Practice Note

Civilian origin of Scots trust law and fideicommissum The law of trusts in Scotland is significantly different from the law of trusts in England in several important...

Practice Note
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