Administration of Trusts—Scotland

Produced in partnership with Pete Murrin of Turcan Connell
Practice notes

Administration of Trusts—Scotland

Produced in partnership with Pete Murrin of Turcan Connell

Practice notes
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FORTHCOMING CHANGE: The Trusts and Succession (Scotland) Act 2024 received Royal Assent on 30 January 2024, marking the first review of trusts law in Scotland in over 100 years since the principal legislation, the Trusts (Scotland) Act 1921, was passed. The trusts provisions require secondary legislation from Scottish Ministers to be brought into force whereas some provisions relating to succession law came into effect on 30 April 2024. The main changes to modernise the law are summarised in News Analysis: Trusts and Succession (Scotland) Bill passed. Practice Notes on areas of Scottish trusts and succession law will be updated further to reflect this new legislation.

Trust administration in practise might be informed by:

  1. the type and nature of the trust

  2. the type of trust property held by the trustees

  3. the identity and profile of the intended beneficiaries

  4. how the intended beneficiaries might benefit from the trust property

  5. trustees’ powers and duties

  6. tax considerations; and

  7. compliance issues

Although some trusts will share similar profiles, the

Pete Murrin
Pete Murrin

Partner, Turcan Connell


Pete advises clients on estate and succession planning, the formation and administration of trusts, taxation of trusts and estates, personal and commercial succession of family businesses, the preparation of Wills, adults with incapacity, and international inheritance and succession matters for high-net-worth clients. He has particular expertise in dealing with contentious trust, estate (testate and intestate) and pension death benefits matters for individual and business clients. Pete also has considerable experience in the field of Trust formation and administration generally and Personal Injury Trusts specifically.

He is a member of the Society of Trust and the Estate Practitioners and accredited by the Law Society of Scotland as a specialist in Trusts Law and Private Client Tax, and by the Society of Trust and Estate Practitioners as a TEP. 

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Jurisdiction(s):
United Kingdom
Key definition:
Administrative powers definition
What does Administrative powers mean?

Powers relating to prudent management in the discharge of the trustee's duty to maintain the trust estate.

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