Scotland: trusts

Scotland: trusts guidance:

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

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

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