Letters of wishes are typically used in relation to discretionary trusts in order to guide a trustee as to how the settlor would wish them to exercise their discretions. This briefing discusses two Jersey cases to discuss some of the issues surrounding letters of wishes in general.
Law Firm: Mourant Ozannes | Published: 02 May 2012 | Practice Area: Succession Planning and Trusts
In recent years there has been a growing demand in offshore jurisdictions for more innovative and user-friendly trust solutions. This briefing outlines how the BVI and Cayman Islands have sought to meet this demand via specific legislative amendments to classic trust principles.
Law Firm: Harneys | Published: 01 May 2012 | Practice Area: Succession Planning and Trusts
The case of McKillen v Misland (Cyprus) Investments Ltd and Others, heard before the Court of Appeal on 20 February 2012, has highlighted the importance of corporate succession planning and ownership control particularly in relation to preemption rights.
Law Firm: Shoosmiths | Published: 21 March 2012 | Practice Area: Corporate Governance
A foundation or a trust can be modified to form an important part of a client's lifetime tax planning strategy. Collas Crill look in detail at succession under Sharia law, the benefits of a Sharia compliant foundation or trust, and ensuring that the foundation or trust is Sharia compliant.
Law Firm: Collas Crill | Published: 27 February 2012 | Practice Area: Private Client
The Government has bowed to pressure to make squatting at residential premises a criminal offence. This briefing argues an opportunity has been missed to have a radical rethink of the whole procedure around obtaining possession of premises from squatters.
Law Firm: Shoosmiths | Published: 06 January 2012 | Practice Area: Landlord and Tenant
This briefing studies In the Matter of the Y Trust [2011], which involved an application to distribute the assets of the Trust. In addition to outlining the case's background and decision, Mourant Ozannes studies the various parties' positions and the wider legal principles at play.
Law Firm: Mourant Ozannes | Published: 02 December 2011 | Practice Area: Succession Planning and Trusts
Trusts are a common part of a personal ownership structure chosen by many Russian high-net-worth individuals. This article looks at some of the typical issues that Russia's wealthy elite face when using trusts (in particular English Law trusts) and some of the approaches solving these issues.
Law Firm: Goltsblat BLP | Published: 02 November 2011 | Practice Area: Succession Planning and Trusts
This briefing looks at Revenue and Customs v Panos Parissis and Adrian Towland and Ian Harrison and its practical implications for offshore trustees which considered whether documents held by the professional trustee of three Guernsey trusts were in the 'power and possession' of the taxpayers.
Law Firm: Mourant Ozannes | Published: 20 July 2011 | Practice Area: Succession Planning and Trusts
This guide describes in detail the process for creating a share trust and gives guidance on how to complete the documentation package, including the trustee share agreement and fees and payment obligations involved. It also explains how to complete a share trust formation questionnaire.
Law Firm: Harneys | Published: 18 July 2011 | Practice Area: Succession Planning and Trusts
This guide discusses the ways in which a private trust company in the BVI can be used as a wealth management tool for high net worth individuals. The guide describes various ownership arrangements and discusses the benefits of each arrangement.
Law Firm: Harneys | Published: 05 July 2011 | Practice Area: Succession Planning and Trusts
As a member of Legal Week Law you will receive free access to our library of legal briefings from world’s leading law firms. Briefings are easy to find and constantly being updated. You can also discover what briefings your peers in other companies are looking at.
|
|
© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093.