Before the trust has been established the settlor and settlor’s representatives are our client. After establishment the beneficiaries are our clients.
We may only take instructions from the settlor before the Trust is established. After the Trust is established we must act in accordance to the terms of Trust already established and we can only be guided by the settlor and the settlor’s representatives through non-binding letters of wishes. After the trust has been established we cannot follow the instructions of the beneficiaries either but we will consider their requests and other comments.