What are the essentials of a Trust;
* Settlor
* Assets
* Trust deed document
* Trustees
* Beneficiaries.
The Settlor must be over the age of 20. It can also be a Company or another Trust, and you can have more than one Settlor.
Trustees can be anyone who can own property. Trustees are given a big responsibility and must ensure [...]
Trusts
November 30th, 2009 · No Comments · Property Conveyancing News, Uncategorized
Tags:Assets·Beneficiaries·Decisions·Obligation·Trust Deed·Trustee·Trusts
Trusts
November 23rd, 2009 · No Comments · Property Conveyancing News, Uncategorized
Trusts - a Trust deed is a legal document creating a relationship between a person who places assets under the control of a Trust for the benefit of people or for specific reasons. The person placing assets in the trust are known as the Settlor, the control of the assets under the trust are known as the [...]
Tags:Advice·Assets·Beneficiaries·Benefit·Legal Document·Legal Obligation·Relationship·Settlor·Trust Deed·Trustee·Trusts
Buying a Business
November 8th, 2009 · No Comments · Property Conveyancing News, Uncategorized
Following on from my previous blog:
* You should ensure you have access to the business before settlement to be introduced to the clients.
* The Sales and Purchase Agreement should state that risk of the assets passes from the Seller to you on settlement and possession date.
* What type of insurance will you require - Public [...]
Tags:Assets·Business Insurance·Buying A Business·Confirmation·Due Diligence·Franchise·Information Memorandum·Land Information·Landlord·Licence Agreements·Licencing Fees·Motor Vehicle·Possession·Premises·Public Liability·Purchase Agreement·Purchasing A Business·Radius·Restraint Of Trade·Settlement Rates
