Family Trusts – What Happens on the Death of a Corporate Trustee
This article examines what happens when a corporate trustee “dies” and deals with two scenarios: When a corporate trustee is deregistered; and When a corporate trustee is wound up in insolvency. Trusts 101 First a quick refresher lesson on how trusts are commonly structured: A trust is not a “entity” per se (even though it … Continue reading Family Trusts – What Happens on the Death of a Corporate Trustee
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