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HAS YOUR TRUST GOT THE RIGHT POWERS?

FEBRUARY 15TH 2010 | 05:03 TAGS: TRUSTS

Trusts come in all shapes and sizes but the longer a trust lasts and the larger the potential value of the assets the more likely it is that the beneficiaries will look closely at how the trustees are managing it and this in part depends on their skills in observing the powers they have but also looking ahead to ensure they have sufficient powers.  Some recent cases illustrate the need for vigilance.

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