Once you have a Trust established, it’s prudent to have it independently managed.
Trusts need to be well run in order to ensure that competing interests and the needs of beneficiaries (particularly children) are provided for, and to ensure that the trustees are not vulnerable to their actions, or the entire Trust being challenged.
At Mackenzie Elvin, we operate a proven Trust management process which is specifically designed to cater for the financial and also the relationship needs of our clients.
Talk to us about your Trust and Trust management process.
“The ageing population is creating problems with Trustee capacity. The situation where a Trustee or Settlor loses mental capacity can be expensive to rectify if you don’t have the right trust management in place.”