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A Practitioner's Guide to Trusts |  | Author: John Thurston Publisher: Tolley Publishing Category: Book
List Price: £37.00 Buy Used: £21.47 as of 9/9/2010 22:23 BST details You Save: £15.53 (42%)
Used (5) from £21.47
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Media: Paperback Edition: 2nd Revised edition Pages: 272 Shipping Weight (lbs): 0.8 Dimensions (in): 8.8 x 5.8 x 0.7
ISBN: 1860127924 EAN: 9781860127922
Publication Date: July 1998 Availability: Usually dispatched within 1-2 business days
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| Customer Reviews: A general guide, not a specialist tome December 10, 2007 Victoria M. Willemse The law of trusts has been under the spotlight since the Budget 2006: the changes to the taxation of trusts have, to some, appeared to cast suspicion on the whole nature of trusts, their purposes and uses.
It's a shame that those behind the Budget 2006 could not have read this guide, as perhaps the Budget 2006 legislation might have been more carefully considered.
The book is divided into two sections. The first covers the wider trust principles, including essential formalities of trusts, duties and powers of trustees to breaches and variations of trusts. The second concentrates on particular types of trusts, or of situations where trusts are commonly used, from charitable trusts, trusts of the family home, testamentary trusts to employee trusts and personal injury compensation trusts.
The volume considers many of the changes wrought by the Finance Act 2006 in a broad-brush style: written in September 2006, chapter 13 covers many of the significant changes of the Act.
The advantage of having this new edition is that it does give an updated, albeit general, description of the law of trusts. Where some experienced practitioners (and most who have passed the STEP examination) might feel that they know the subject sufficiently well, there may be others who occasionally need a quick reference, or a simple synopsis.
For those firms who have trainees in the department, or where a firm has a newly-qualified person, this book is required background reading. It might even be recommended to colleagues in other departments when they have a "quick question" for you to answer: a book that educates without being turgid, guiding by general principle.
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