Trust Codes

Trust codes are legal and financial guidelines that govern how a trust is managed and operated. They specify the duties, responsibilities, and procedures for trustees to ensure the trust’s assets are handled properly for the benefit of the beneficiaries. These codes help ensure transparency, accountability, and legal compliance, providing a framework for decision-making, distribution of assets, and conflict resolution. Essentially, trust codes serve as a set of rules that guide trustees in managing the trust effectively and ethically.