A letter of wishes is a non-binding letter that is sent from someone establishing a trust to the trustees, demonstrating their wishes for the direction the trust will take. It is important to note that the writer of a letter of wishes (Settlor) should not make it sound like they are giving orders to the trustees, just merely suggestions as to how the assets of the trust should be handled.
Showing posts with label Letter of Wishes. Show all posts
Showing posts with label Letter of Wishes. Show all posts
Monday, 28 January 2013
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