There are no requirements for the public filing of trust deeds or trust accounts or for trusts to be registered. For additional confidentiality a declaration of trust may be used instead of a more usual trust deed. A declaration of trust is made solely by the trustee receiving the assets and is otherwise identical to a deed but for the fact that the settlor is not a party to it and his name does not appear on it.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.