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Private Client & Offshore Services

06 May 2021
Sandie Lyne Court of Appeal case provides guidance for trustees when issues of trust construction arise

Guernsey - Ogier

This article considers a recent Court of Appeal judgment regarding the interpretation of a trust instrument. This case provides helpful clarification of the principles to be applied when interpreting Guernsey law trust instruments. The Court of Appeal also helpfully confirmed that the trustee was absolutely correct in this instance to seek the court's directions.

Authors: Sandie Lyne, Tehya Morgan
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Oliver Passmore Royal Court blesses momentous decision of representative of minor and unborn beneficiaries

Jersey - Ogier

The Royal Court recently considered for the first time the blessing of a momentous decision of a court-appointed representative of minor and unborn beneficiaries of a trust to enter into a settlement agreement in respect of claims against the trust. While the decision to bless the decision of the representative of the minor and unborn beneficiaries was confined to the unusual facts of this case, this decision nonetheless establishes the circumstances (albeit limited) in which the court will bless such a decision.

Authors: Oliver Passmore, Rebecca Mcnulty
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Guy Abrahams Why is a family investment company a good way to pass on wealth?

United Kingdom - Forsters LLP

If, for whatever reason, a trust or a simple outright gift to children is inappropriate, what are the alternatives? Some years ago, much was made of so-called 'family limited partnerships' and while they remain the right vehicle for some, they are appropriate only for those with at least £10 million to spare because of the financial regulations to which they are subject. Enter the family investment company.

Author: Guy Abrahams
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Authors: Alex Horsbrugh-Porter, Victoria Randall
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International Law Office Tell us what you think and you could win a £100 Mastercard voucher

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Author: International Law Office
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Bahamas - Lennox Paton

Author: Nateisha L Anderson-Bain
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India - Cyril Amarchand Mangaldas

Authors: Radhika Gaggar, Shaishavi Kadakia

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