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A protected trust deed, overseen by the Accountant in Bankruptcy, is a voluntary but formal arrangement that is used by Scottish residents where a debtor (who can be a natural person or partnership) grants a trust deed in favor of the trustee which transfers their estate to the trustee for the benefit of creditors. Any person wanting to make an ...
The Protective Trust is a form of settlement found in England and Wales and several Commonwealth countries. It has marked similarities to asset-protection trusts found in several offshore jurisdictions and US Spendthrift trusts. In such a trust assets are ordinarily held to pay an income to the beneficiary.
National Trust for Scotland properties is a link page listing the cultural, built and natural heritage properties and sites owned or managed by the National Trust for Scotland. Aberdeen and Grampian [ edit ]
The Trust was established in 1931 [5] as the "National Trust for Scotland for Places of Historic Interest or Natural Beauty", following discussions held in the smoking room of Pollok House (now a Trust property). [6] The Trust was incorporated on 1 May 1931, with John Stewart-Murray, 8th Duke of Atholl being elected as its first president, Sir ...
The Hill House in Helensburgh, Scotland, has been left damaged by 115 years of rain. Damaged Charles Rennie Mackintosh house put inside giant protective box by the National Trust Skip to main content
When you think about setting up a trust, the first thing that comes to mind is a plan for how wealth will be passed down after you die. But there is also an asset protection trust, which protects ...
In the UK, a protective trust is a life interest that terminates upon the happening of a specified event; such as the bankruptcy of the beneficiary, or any attempt by an individual to dispose of their interest. They have become comparatively rare. In the US, a 'protective trust' is a type of trust that was devised for use in estate planning.
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