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The Professional Trustee Team

Trust Shake Up


Trustees have now been given fair warning – meet your legal liabilities and run the Trust under your stewardship as you should or risk liability and your Trust being deemed a sham. 

We've been advising our clients on this for years but the Commissioner has recently come out and said the same thing in black and white.  Those responsibilities Trustees must meet include completing annual financial statements, resolutions and deeds.  To view the article noted in the Sunday Star times click here.  Additionally, just call us and we'll talk you through your own affairs.


The Professional Trustee Team
signed
The Professional Trustee Team
© Gilligan Rowe & Associates LP

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Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.
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