Trust Corporation
 

What is a trust corporation? 

A trust corporation is a company which can hold assets in England and Wales as well as abroad, as defined by s68(18) of the Trustee Act 1925. Trust corporations can act as, amongst other things, executors and trustees, attorneys and deputies.


How does the Hugh James Trust Corporation Limited operate?

Hugh James Trust Corporation Limited is wholly owned by the partners of Hugh James. It is non-trading and does not have any employees. Hugh James Trust Corporation Limited does not undertake any work itself but, rather, instructs Hugh James to undertake on its behalf any work which it is required to undertake in matters where it is appointed. Hugh James undertakes work for Hugh James Trust Corporation Limited in exactly the same way and on exactly the same terms as it does for any other client. A limited number of senior members of Hugh James are empowered to take decisions on behalf and sign documents on behalf of Hugh James Trust Corporation Limited. The number of people entitled to take decisions depends on the importance of the decision to be taken.


What roles does the Hugh James Trust Corporation Limited undertake? 

Hugh James Trust Corporation Limited acts as an executor or administrator of estates, as a trustee of trusts and as an attorney or deputy for individuals. Essentially, it undertakes roles previously undertaken by individual partners in Hugh James.


What are the benefits of appointing Hugh James Trust Corporation Limited? 

Unlike an individual, a trust corporation never dies, goes on leave, gets ill or retires. As such, it can always provide a continuous service. As a number of senior members of Hugh James can sign documents on behalf of Hugh James Trust Corporation Limited, documents can be signed in-house and quickly, without reliance upon the availability of individual.

 


If you have any further questions about Hugh James Trust Corporation Limited or its involvement in your matter, please do not hesitate to ask the lawyer dealing with your matter.

What is a trust corporation? 

A trust corporation is a company which can hold assets in England and Wales as well as abroad, as defined by s68(18) of the Trustee Act 1925. Trust corporations can act as, amongst other things, executors and trustees, attorneys and deputies.


How does the Hugh James Trust Corporation Limited operate?

Hugh James Trust Corporation Limited is wholly owned by the partners of Hugh James. It is non-trading and does not have any employees. Hugh James Trust Corporation Limited does not undertake any work itself but, rather, instructs Hugh James to undertake on its behalf any work which it is required to undertake in matters where it is appointed. Hugh James undertakes work for Hugh James Trust Corporation Limited in exactly the same way and on exactly the same terms as it does for any other client. A limited number of senior members of Hugh James are empowered to take decisions on behalf and sign documents on behalf of Hugh James Trust Corporation Limited. The number of people entitled to take decisions depends on the importance of the decision to be taken.


What roles does the Hugh James Trust Corporation Limited undertake? 

Hugh James Trust Corporation Limited acts as an executor or administrator of estates, as a trustee of trusts and as an attorney or deputy for individuals. Essentially, it undertakes roles previously undertaken by individual partners in Hugh James.


What are the benefits of appointing Hugh James Trust Corporation Limited? 

Unlike an individual, a trust corporation never dies, goes on leave, gets ill or retires. As such, it can always provide a continuous service. As a number of senior members of Hugh James can sign documents on behalf of Hugh James Trust Corporation Limited, documents can be signed in-house and quickly, without reliance upon the availability of individual.

 


If you have any further questions about Hugh James Trust Corporation Limited or its involvement in your matter, please do not hesitate to ask the lawyer dealing with your matter.