Whom do we sue, the bank or the trust or both?

We trusted a bank official who works for an offshore private bank in Jersey to open a trust for us. They did not advise us properly and made it an irrevocable discretionary trust (and there is, in my opinion, evidence to show that this is not what was wanted). No counselling was done before this trust was instituted, to warn us of any consequences once the deed was signed. Now the trustee acts according to his own judgment (to protect the beneficiaries), while the agent who made us sign the papers of the trust was well aware of the precautions we were trying to take, of our own, in respect of some difficulties regarding the beneficiaries. We feel we were misguided and the agent (who works not for the trust except as a witness off and on, in our meetings with the trustee who (more...)