Generic selectors
Exact matches only
Search in title
Search in content
Search Products
Filter by Categories
Company Secretarial
General Business
General Interest
Investing in Property
Personal Growth
Personal Wealth
Trusts and Estate Planning

The trite answer is “Yes”. But ask me the question and I would say “Why are you thinking of that?”

Firstly, is there any benefit to being a founder? The founder has no power once a trust has been formed. The only time their existence is relevant is if the trustees wish to change the trust deed. This cannot happen during the founder’s lifetime without his/her approval.

Secondly, is there any disadvantage in having two founders? Just clutter, in that again, the trust deed cannot be changed during the lifetime of the founders without their consent.

So, my view is “Keep it simple”.


XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Need help with your Trust or Business?

Contact us today or set up a free meeting with our CEO, Derek Springett. We have been offering expert advice and business services since 1971. You can also visit our online store to see our full list of services.

If you enjoyed this article, you may like to subscribe to the monthly round up featuring all of my latest articles. Then check out the two books I have written which have proved to be very popular.

Complete the form below to subscribe to my monthly round up.