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.