Elspeth Talbot Rice QC and Andrew Holden are speaking on the subject of “Bust Trusts” at the above event. Their talk will cover:
- The settlor goes bankrupt – what are the ramifications and risks to the trust?
- A beneficiary goes bankrupt – what are the ramifications and risks are the trust?
- The trust’s liabilities exceed its assets – what should the trustees do, and what risks are they exposed to?