What powers to include in Wills and Trusts? [2025]

The publication of the third edition of the STEP Standard Provisions has caused many practitioners to question whether they should use the Standard Provisions or something more ‘tailor made’ for the administrative powers section of their Wills and Trusts.

This session will:

• Explain the difference between an administrative provision and a dispositive one and why it matters.
• Provide an overview of what the STEP Provisions do and the main changes introduced by the third edition.
• Consider when tailor made provisions may be more approppriate.

After this session delegates will be aware of the content and effect of the Third Edition of the STEP Standard Provisions and able to decide when it is appropriate to use them.

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