This 'Declaration of trust relating to shares' allows a person to transfer the ownership of shares to someone else, while retaining the shares in their name. This should be used if a company requires shareholders to meet a certain criteria which the individual does not meet, and they want someone else to hold the shares on their behalf. The person holding the shares must then act as instructed by the owner of the shares.
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"Now that we have made our Will we feel much more secure and reassured. And at the end of the day it was a very easy process for us."