What is a Flexible Life Interest Trust?

What is a Flexible Life Interest Trust?

A Flexible Life Interest Trust (FLIT) in a Will offers greater peace of mind if there are significant assets or investments as well as property, and a wish to protect their value for future generations. A FLIT is often described as the ideal modern Will Trust, as it...
The role of a Trustee

The role of a Trustee

When someone sets up a trust, they need to appoint people as trustees to manage the trust and its assets. The trust deed will usually include specific instructions about how to do this but there are some general legal duties that apply to the role as well. A trustee...