New powers on trusts and succession come into force in Scotland

Wednesday, 26 June 2024 10:04

New powers have come into force allowing a court to prevent those convicted of murder or culpable homicide from acting as an executor on their victim's estate. The measures are part of the Trusts and Succession (Scotland) Act 2024, which was passed unanimously by the Scottish Parliament in December 2023. Other parts of the Act that come into force today include the power for a co-trustee to remove a professional trustee, such as an accountant or solicitor, if they are no...Request free trial