Once a trust deed has been signed it is legally binding and cannot simply be changed. You will have to engage the services of a lawyer to prepare amendments to the deed to make the desired changes.
Special care must be taken, as certain changes may trigger a resettlement of the trust and the formation of a new one. This could be disastrous from a tax perspective.
We recommend you contact LegalVision for any changes you wish to make to your deed.
The information on this site is of a general nature only and does not constitute legal, tax, commercial or other professional advice. You must seek your own advice in relation to your particular circumstances before acting. View our full terms & conditions.
Need more information? Check out other frequently asked questions.