What Is a Trust – And Why Might You Need One? A trust is a legal tool that lets you pass assets to someone else (a trustee) to manage on behalf of a chosen beneficiary. It’s one of the most effective ways to protect wealth, support loved ones, and plan for the future. Why Consider...
⚠️ Cautionary Tale: Abuse of Lasting Power of Attorney Left a Family Farm in Ruin Three elderly brothers — Hugh, Roderick, and David McCulloch — lost their family farm, their finances, and ultimately their peace of mind after placing their trust in the wrong people. The brothers, all in their 70s and 80s and living...
Trust Management A Cautionary Tale.. When aristocracy meets litigation, the stakes are enormous. William Seymour, the Earl of Yarmouth, was stunned to find himself effectively written out of his family’s £85 million inheritance. Following years of strained relations with his father, Lord Hertford, William launched a legal bid to remove the existing trustees from the...
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