8. Next Steps
It is possible to create your own trust, in fact, you are creating trusts all the time for different scenarios. Trusts have stood up in a court of law where they were not even written down such as in Paul v Constance 1977.
To make is easier for asset protection, it is wise to have a declaration and records that can be used to evidence claims of trust ownership of property. There are many courses and resources available online and plenty of great books that provided a wealth of information on trusts and equity law.
Your declaration or deed of trust is a contract between the settlor and the trustee so ensure you have sufficient clauses contained within the declaration and that the trust is administered properly in order to benefit the beneficiaries.
Ready to take the next step?
Join us on the next course to learn how to administer your own private trust. More information on our next course is here:
