Trusts and property a best practice guide for declarations of trust and gifting property

As a property practitioner you will be instructed to act by attorneys, deputies, executors or trustees. With the cost-of-living crisis and property prices rising, people seem to be more frequently looking for alternative arrangements when buying a house, and there are more joint owners. A significant proportion of joint purchasers will become embroiled in a dispute over resale, or over the shares in the equity, of the property. A Declaration of Trust is therefore helpful to ensure that everyone gets what they are entitled to in the case of a sale, when there are joint purchasers.

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