You’re all in it together

Keep it Legal

A Declaration of Trust is a useful tool for independent practitioners to protect valuable property investments and exposure to unforeseen liabilities. 

Lisa Davison explains how they are especially important now with pressures on the healthcare sector sparking more professional disputes.

With the uncertain economic climate and pressures faced by healthcare professionals, it is more important than ever for practitioners to protect individual property investments

And doctors should ensure that their existing structure is robust enough to sustain long-term demands on private practices. 

What is a Declaration of Trust?

A Declaration of Trust is a legally binding agreement which sets out the arrangements governing any jointly owned or leased premises.

It states: