Wills & Trusts Law Reports | March 2016 #157The claimant applied under the Variation of Trusts Act 1958 to vary the trusts of four family settlements and for the compromise of an issue as to the validity of the two most recent of those settlements. Three of the settlements, one made in 1932 and two in 1996, were governed by English law. The fourth settlement, made in 1950, was governed by Kenyan law. The 1932 and 1950 settlements were made by the first defendant’s late father. The 1996 settlements were discretionary settlements made by the first defendant.
The claimant and defendants were each trustees and/or...
Wills & Trusts Law Reports | October 2014 #143The Dion Family Trust was set up by deed as a discretionary trust in Papua New Guinea in August 1973 when Papua New Guinea was an external territory of Australia. It contains the following clause:
’15 [all potential beneficiaries] or any of them may at any time with or without the consent of the Trustee by deed revoke all or any of the trusts hereby declared and declare other trusts of the settled property and income derived therefrom in favour of such person or persons the said [potential beneficiaries] or any of them shall in their absolute discretion determine with or wi...
Mandeep Gill sets out the key aspects of the 2006 Hague Convention finally expected to come into force in the UK shortly ‘All three recent Hague Conventions were designed to promote cross-border cooperation, protect the best interests of children and, in many respects, complement each other.’The Hague Convention on Jurisdiction, Applicable Law, Recognition, Enforcement and …
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