Who can draft an Express Trust?

An express trust can be drafted by a variety of individuals or entities, including lawyers, trust companies, financial institutions, and other professionals who specialize in estate planning and trust administration. The person or entity drafting the trust must have a clear understanding of the settlor's intentions and must ensure that the trust instrument complies with the applicable laws and regulations.

In some cases, a settlor may choose to draft their own trust, although this is generally not recommended because of the complex nature of trust law and the risk of mistakes or errors that could render the trust invalid or ineffective. The use of a qualified professional is usually advisable to ensure that the trust is properly structured and that the settlor's intentions are clearly expressed and reflected in the trust instrument. Ultimately, the choice of who drafts an express trust will depend on the settlor's specific needs and circumstances, as well as the jurisdiction in which the trust is being established.