Resolving disputes over trusts
Trusts are used to hold assets for the benefit of others, known as beneficiaries, and are a tax efficient way of managing assets after your death.
Trusts are managed by trustees for the beneficiaries, according to the terms of a will or trust deed.
Even when deeds have been well prepared, they can lead to disputes after someone’s death. The disputes may arise between trustees, or between trustees and beneficiaries over issues such as the management of assets.
Resolving trust disputes
If you are a trustee, it is vital to act quickly on disputes to ensure that the trust’s assets are not at risk and that you are acting in the best interests of the beneficiaries.
Nelsons has a specialist trust disputes team which can assist with resolving:
- Trustee disputes
- Beneficiary disputes
- Claims against the trust
- Removal of trustees
Our team is experienced in all types of trust dispute, and includes members of the Association of Contentious Trust and Probate Specialists (ACTAPS).