Beware of the Fine Print when a Trust gives a Guarantee!

We recently dealt with a guarantee that was being given by our client’s in their capacity as trustees of a discretionary trust. There is a small clause in the guarantee that makes them personally liable under the guarantee, not just the trust: “You declare that you are not signing this guarantee and indemnity as a …

Beware of the Fine Print when a Trust gives a Guarantee! Read More »