Screen LibraryTrusts and modern wealth management /
"Trust law has grown and developed over recent years through the continued ingenuity of practitioners and the provision of innovative new trust laws by offshore jurisdictions. The wealth managed through the medium of trust law has also changed in recent years, as increasingly it has come from t...
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| Group Author: | ; ; |
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| Published: |
Cambridge University Press,
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| Publisher Address: | Cambridge, United Kingdom : |
| Publication Dates: | 2018. |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
"Trust law has grown and developed over recent years through the continued ingenuity of practitioners and the provision of innovative new trust laws by offshore jurisdictions. The wealth managed through the medium of trust law has also changed in recent years, as increasingly it has come from the newly rich of Asia. This brings distinctive issues to the fore: the role of settlors, family members and trusted advisors in trust administration; the position of trustees in relation to instructions coming from such persons; and an increased desire for confidentiality in trust administration and the settlement of trust disputes. This collection focuses on trusts which are deliberately created to manage wealth and the concomitant issues such trusts raise in other areas of law. Essays from leading members of the judiciary, practitioners and academics explore these developments and their implications for the users of trust law and for society in general"-- |
| Carrier Form: | viii, 600 pages ; 24 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9781107170490 (hardcover) : 1107170494 (hardcover) |
| Index Number: | K795 |
| CLC: | D912.282 |
| Call Number: | D912.282/T873 |
| Contents: |
The role of the courts today in the administration of trusts / 'Breaking bad' : settlors' reserved powers / Trustees and third party powers / Trust arbitration clauses / Massively discretionary trusts / Trustees, fiduciaries and fetters / Derivative actions on behalf of the trust : Beddoe orders for beneficiaries / The entitlements of objects as defining features of discretionary trusts / The beneficiary's performance interest in a trust : AIB v. Redler and the march of the compensatory principle / Compensatory remedies for breach of trust / Tapping into trust assets for redistribution upon divorce in England and Wales / The vulnerability of trusts in divorce / Mapping client sophistication : critical enquiry or unnecessary distraction? / Misrepresentation and rescission / The alternative Australian Trusts Act (Cth) / Non-charitable purpose trusts : the missing right to forego enforcement / Trusts in civil law environments : can civil law jurisdictions such as Liechtenstein deal with core issues of trust law? / High net worth trusts in the 21st century : confiscatory taxes and duties? / |