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Trusts: Finding a way
Peter Steen and Robert Hines examine firewall legislation and the tension between legal fairness and economic expediency ‘It is evident that provisions of firewall legislation will prevail over questions of comity in circumstances where action by the trustees would result in them exceeding their powers under the trust.’ Asset protection, rather than legitimate tax mitigation, …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Charman v Charman (No 2) [2006] EWHC 1879 (Fam); [2006] WTLR 1349
- DR v GR (Financial Remedy: Variation of Overseas Trust) [2013] EWHC 1196 (Fam); [2013] WTLR 1123
- Hope v Krejci & ors [2012] EWHC 1780 (Fam)
- In the matter of the R Trust [2015] JRC 267A
- Mubarak v Mubarak [2000] EWHC 466 (Fam); [2007] EWHC 220 (Fam); [2007] EWCA Civ 879; [2008] JRC 136; [2009] WTLR 1543
- Prest v Petrodel Resources Ltd & ors [2013] UKSC 34; [2013] WTLR 1249 SC
- Re H Trust [2006] JRC 057; [2007] WTLR 677 RC (Jersey)
- Re IMK Family Trust [2008] JRC 136
- Re S Settlement [2001] JLR N37
- Re the B Trust [2006] JLR 562
- T v T & ors (joinder of third parties) [1996] 2 FLR 357
- Thomas v Thomas [1995] EWCA Civ 51
- Whaley v Whaley [2011] EWCA Civ 617; [2011] WTLR 1267 CA