Document background
A Hold Harmless Agreement For Trustee is crucial when establishing or managing trusts under English and Welsh law. This document is typically used when trustees require additional protection beyond standard trustee indemnity provisions, particularly in complex trust arrangements or high-value estates. It details the extent of protection, exceptions, and obligations of all parties involved. The agreement is especially important in situations where trustees are taking on significant responsibilities or when the trust assets involve substantial risk. It provides clarity on liability limitations while ensuring compliance with the Trustee Act 2000 and related legislation.
