The 4th edition has been expanded and updated to include new material on trustees and trusts. This publication of family trusts is an extremely practical and easily understandable guide. The author analyses all aspects of family trusts including the advantages, disadvantages and tax issues. The easy to read chapters take you through the main aims of setting up a trust, drawing up the trust deed, estate planning, discretionary trusts and winding up a trust. Appendices include various examples and models as well as useful Internet links and a glossary of terms.