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Trusts
Australia
Stacks Law Firm
Transferring control of a trust can be complex, with a range of legal technicalities for the security of beneficiaries.
McCullough Robertson
Discretionary trusts owning Victorian land pay additional foreign purchaser duty if the trust benefits a foreign person.
Colin Biggers & Paisley
Capital gains tax consequences of trust split arrangements have been partly clarified but more clarity is required.
Williams + Hughes
A trustee's role is to administer the trust in accordance with the terms of a trust instrument, not to change the terms.
Cooper Grace Ward
A testamentary trust is established under a will, so does not come into effect until after the death of the will-maker.
Gilchrist Connell
The High Court has provided practical guidance as to when to lodge a caveat on property held by a bankrupt on trust.
Corrs Chambers Westgarth
If complex legal issues arise in the administration of a company, liquidators can apply to the Court for directions.
Stacks Law Firm
There are important laws governing investment in Australia by a foreign resident, including what is a "foreign person".
Bermuda
Appleby
Bermuda's regulatory regime for trust business has recently been enhanced. A framework for the supervision of relevant private trust companies has been introduced and this month new filing
Appleby
Enhancements have recently been made to Bermuda's trust regulatory regime with the passing of the Trusts (Regulation of Trust Business) Amendment Act 2019 (Amendment Act)
Carey Olsen
The American economist Nouriel Roubini iterates that geopolitical issues are becoming more important: "Because how can you understand the economy if you don't understand geopolitics"
Carey Olsen
In a recent article for Trusts & Trustees, Carey Olsen Bermuda's Ashley Fife considers certain aspects of the economic substance requirements relevant to private client structures
Canada
Blaney McMurtry LLP
What a tangled web it currently is when Ontario real estate lawyers attempt to register transactions involving real property held in trust.
Miller Thomson LLP
Is it appropriate for an executor to ask beneficiaries to sign a release and indemnity prior to receiving a distribution from an estate?
O'Sullivan Estate Lawyers LLP
A trust is considered a separate entity and is a taxpayer under the Income Tax Act.
Cayman Islands
Bedell Cristin Cayman Partnership
Since 1998, the Cayman Islands have had enacted trust law provision, as now contained in Part III of the Trusts Law (2020 Revision)...
Bedell Cristin Cayman Partnership
A trust creates a legally enforceable relationship, refined over hundreds of years, that the trustee holds the assets of the trust subject to certain fiduciary obligations.
Carey Olsen
Just two months into 2020, the Grand Court of the Cayman Islands (the Court) has already released a number of new judgments
Ogier
Trustees can all too easily find themselves caught up in litigation in another jurisdiction given the increasingly international nature of offshore trusts.
Ogier
Partner Anthony Partridge recently spoke at the STEP Cayman conference on effectively managing relationships with settlors. One of the recurring points of discussion
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