Whilst the person who set up the trust may have taken legal advice at the time, if they are no longer involved in the trust (e.g. they have passed away) then that advice is unlikely to assist anyone who is named as a trustee or beneficiary if a problem arises. If you have concerns about a trust either as a trustee or beneficiary then you should take legal advice as soon as possible. Trustees have a great deal of legal obligations set out in so it’s important that they take action quickly to avoid being personally responsible for any losses causes to the trust.