You are in: Home › Articles › Trusts › What is a trust?

What is a trust?What is a Trust?

A trust is a legal arrangement where assets are transferred to someone else (‘trustees’) to be used for a particular purpose and to benefit specific people (‘beneficiaries’).

A Trust can be set up while you are alive or it can be included as part of your Will, which means that the Trust will only start after your death.

 
There are very few organisations which can claim to manage trusts in such a diligent and caring manner as Cairn.

Gillian Brown, Morisons LLP