This paper covers:
- the settlor and the settled sum
- the trustee
- irrevocable settlement
- exclusion of maintenance and accumulation power
- the trust fund
- the distribution date
- the beneficiaries
- entitlements of the beneficiaries
- definition of income
- authorised investments
- mandatory investments
- power to carry on business
- exclusion of liability of beneficiaries
- decisions of corporate trustees
- amendment of deed
- the use of precedents.