Declaration of Trust in Relation to Shares
A declaration of trust can be used by someone who is the registered holder of shares in a company in order to create a trust of those shares in favour of the beneficiaries. Through a trust shares can be protected before they pass on to their intended beneficiary.
This may be useful where, for example, the beneficiaries wish to preserve their privacy, or where the beneficiaries are minors and are therefore incapable of holding the shares in their own right.
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Declaration of Trust in Relation to Shares
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