I am a beneficiary and I am concerned about the management of a trust. Am I able to inspect the trust documents?
- Generally yes. Beneficiaries are able to inspect trust documents such as the trust deed and trust accounts. The trustee has a duty to provide these accounts and to inform beneficiaries of their rights.
- The trustee is under no obligation to disclose their reasons for making decisions under the trust including their reasons for appointing certain property to particular beneficiaries.
Read some more FAQS from our Equity & Trusts section