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Trust Act 2019 – How will this affect you?

On 30 January 2021 the Trust Act 2019 (the Act) will come into force. While the Act contains some new duties for trustees which are intended to provide beneficiaries greater access to information and enhance the transparency of trustee activities, it does not radically alter the law or core principles of trusts. For the most part the Act restates the current law and trustee duties in an easy to understand manner.

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