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Cyprus
Eurofast
In our recent related articles (1 & 2) we conducted an in-depth exploration of trusts, shedding light to their evolution and the strict rules that govern them, particularly in the context of Cyprus.
Eurofast
Despite the ongoing fluctuations in the global economic environment, Trusts continue to be extensively employed by many Administrative Service providers worldwide.
Eurofast
Within the regulatory framework of Cyprus, there exists a concerted collaboration between financial institutions and regulatory authorities to uphold the standards of Trust Identification.
Isle of Man
Dixcart Group Limited
The Private Foundation represents a unique incorporated vehicle that is becoming increasingly popular for estate planning, asset protection, and a wide and varied array of activities.
Appleby
The recent Isle of Man judgment of the Staff of Government Division (SGD) in the case of A and B v C and D – 2DS 2023/25 emphasises the importance of the non-intervention principle in trust...
Jersey
Walkers
Despite the Trusts (Jersey) Law 1984 ("Trusts Law") expressly providing against the rule against perpetuities currently applying in Jersey...
Walkers
A nation state can be trustee of a Jersey law express trust, even though it has state immunity against being sued for breach of trust or otherwise being held accountable...
Walkers
Where a trust seeks to provide for mixed charitable and non-charitable purposes, the non-charitable purpose can invalidate the charitable purpose; and...
Ogier
This case considers the circumstances in which the Royal Court of Jersey (the Court) will approve the variation of the terms of a Jersey trust pursuant to of Article 47 of the Trusts (Jersey)...
Malta
CSB Group
Malta is recognised as an advantageous location for trusts due to its favourable tax environment. Despite being governed by Civil law, Malta has effectively incorporated trust legislation...
Switzerland
MME
The consultation on the introduction of a Swiss trust showed that there was currently no majority support for the introduction of such a legal institution.
Turkey
Nazali
Bilindiği üzere 3 Şubat 2021 tarihli ve 31384 sayılı Resmî Gazete'de yayımlanan 7236 sayılı Kanun ile 01.01.2022 itibarıyla verilecek yıllık beyannamelere...
UK
Shepherd and Wedderburn LLP
Major reforms to Scottish trust law are on their way following the Trusts and Succession (Scotland) Act 2024 receiving royal assent in January.
Withers LLP
Following Jeremy Hunt's announcement at the Spring Budget on 8 March 2024 that he would reform the taxation of non-UK domiciliaries, current non-doms and those thinking...
The Sovereign Group
Trustees have a crucial role to play in a trust, which involves the management of assets which in essence belong to the beneficiaries.
Withers LLP
The first and second phases were introduced in October 2022 and June 2023 respectively. We have included below summaries of the main changes...
Gorvins Solicitors
As a parent of a child with disabilities or severe learning difficulties, you'll be well aware of the increased care and support your child requires on a day to day basis.
Price Bailey
As Price Bailey's audit team draw close on another year for the academies sector, we look back at some of the key audit findings from the 22-23 year.
Price Bailey
The Academy Trust Handbook stipulates that academy trusts must notify the DfE of changes to their governance information via Get Information About Schools (GIAS) within 14 calendar days of the change...
Weightmans
Judges sitting in the courts of England and Wales follow the law made by parliament and what is referred to as ‘common law' which is a reference to legal principles that have developed over time in the cases heard in court.
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