The trust concept has been used for more than 800 years as a mechanism to protect and conserve family wealth. However, in recent years, failure to set-up trusts correctly and to administer them scrupulously has resulted in litigation. Professor Peter Willoughby outlines the dangers and pitfalls of setting up and administering trusts. Article by Professor Peter Willoughby OBE JP published in Amicus Curiae - Journal of the Institute of Advanced Legal Studies and its Society for Advanced Legal Studies. The Journal is produced by the Society for Advanced Legal Studies at the Institute of Advanced Legal Studies, University of London.
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