The Trustee's Handbook, 7th Edition

The Trustee’s Handbook (7th Edition) is an essential practical guide for trustees, trust advisers, and anyone involved in trust administration. Updated to reflect contemporary case law and current trust practices, this comprehensive resource includes 120 precedent minutes and resolutions, along with practical checklists designed to support trustees in making informed decisions and meeting their obligations with confidence. Covering everything from the requirements of the Trusts Act 2019 to investment powers, trustee appointments, trust administration, and retirement, this handbook is an invaluable day-to-day reference.

Why you’ll love this

• Provides practical, real-world guidance for the everyday responsibilities of trustees. 
• Includes 120 ready-to-use precedent minutes and resolutions covering common trustee decisions. 
• Features comprehensive checklists that help trustees stay compliant and organised. 
• Explains the practical implications of the Trusts Act 2019 in an accessible way. 
• Covers key regulatory requirements, including AML/CFT, FATCA, and CRS considerations. 
• Helps trustees confidently navigate complex trust administration issues and decision-making processes. 

Key Features:

• Guidance on mandatory and default trustee duties under the Trusts Act 2019. 
• Practical advice for ascertaining beneficiary needs. 
• AML/CFT, FATCA, CRS, and source of wealth considerations. 
• Factors to consider when:  
  • Structuring a trust. 
  • Accepting appointment as a trustee. 
  • Reviewing a trust deed. 
  • Deciding whether to act personally or through a corporate trustee. 
• Best-practice guidance for corporate trustees. 
• Important trust administration and set-up procedures. 
• Decision-making processes and governance guidance. 
• Practical direction on:  
  • Exercising powers of investment. 
  • Ratifying trustee decisions. 
  • Gifting considerations. 
  • Retiring as a trustee. 
• Updated references to contemporary case law.

Who should read this

This book is ideal for: 

• Current trustees seeking a deeper understanding of their responsibilities and obligations. 
• Individuals considering taking on the role of trustee. 
• Lawyers, accountants, and professional advisers who work with trustees and trusts. 
• Corporate trustees and trust administration professionals. 
• Anyone involved in the establishment, management, or governance of trusts. 

Whether you are an experienced professional or new to trust administration, The Trustee’s Handbook provides the practical tools, precedents, and guidance needed to administer trusts effectively and confidently.