Anglo-American Trust Law

Anglo-American Trust Law governs the management of trusts, which are legal arrangements where one party (the trustee) holds and manages property or assets for the benefit of others (the beneficiaries). This law ensures that trustees act in the best interests of beneficiaries, follow fiduciary duties, and manage the trust's assets responsibly. It is rooted in both English common law and American legal principles, blending tradition with modern practices. Essentially, it creates a legal framework for protecting the interests of those who rely on trusts for financial security and asset management.