Tag: trusts
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Trust law in Ireland-important changes arising from the Land and Conveyancing Law Reform Act 2009
The Land and Conveyancing Law Reform Act 2009 (‘the Act’) made significant changes to trust law in Ireland. This act replaces the Settled Land Acts 1882-1890. Section 18 of the Act provides that a trust of land arises in certain circumstances such as where land is Limited by way of succession (a strict settlement) Held…
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Setting Up a Will Trust in Ireland-The Facts You Should Know
Trusts are incredibly useful legal devices which are typically used to Ensure property is enjoyed by individuals in succession Provide for beneficiaries whose identity may not yet be known. Trusts can be broadly categorised into Inter vivos (during the lifetime) trusts and Will trusts. Will Trusts The focus of this piece will be on will…