Drafting Cayman Islands Trusts

Author: James Kessler,Tony Pursall

Publisher: Kluwer Law International B.V.

ISBN: 9041124888

Category: Law

Page: 461

View: 2021

The Cayman Islands is one of the world's leading jurisdictions for the establishment of offshore trusts. However, it is not easy for a practitioner to approach the drafting of a Cayman Islands trust instrument with confidence. This eminently practical book solves that problem to near perfection. Arranged as a collection of precedents, with each provision of every precedent explained in detail, Drafting Cayman Islands Trusts, could hardly make the drafting process easier. The drafter learns the advantages and potential pitfalls associated with each provision as he or she prepares to draft it. The authors provide specific language, although individual variations (based on the authors' expert guidance) are encouraged. The precedents covered including the following: Discretionary trusts (with and without protectors) Interest in possession trust Reserved powers trust Charitable trust STAR trusts Appointments and retirements of trustees For additional convenience, the precedents are also provided in Word format on a CD-ROM that comes with the book. The detailed annotation answers such key questions as the following: Are hostile beneficiaries clauses valid? Do automatic flee clauses work? What powers can a settlor reserve? How can STAR trusts be used to protect trustees holding high-risk assets? Would STAR trusts be recognised in other jurisdictions? How can one restrict a beneficiary's right to information and trust documents? Can the appointment of a foreign trustee discharge a retiring Cayman trustee? What indemnities should retiring trustees request from successors? As a systematic approach to drafting Cayman Islands trusts, this book will be of immeasurable day-to-day value to practitioners and administrators alike. James Kessler QC is a leading practitioner at the Revenue bar. He is the author of Drafting Trusts andamp; Will Trusts, Taxation of Foreign Domiciliaries, and Taxation of Charities. He is a founder member of STEP and founder of the Trusts Discussion Forum. Tony Pursall is a Cayman Islands attorney-at-law, who practices from the London office of Maples and Calder. He is a member of the STEP International Committee and of the City of London branch committee of STEP. He is the author of the Cayman Islands section of the World Trust Survey for Trusts andamp; Trustees and is a contributor to the Cayman Islands section of Planning and Administration of Offshore and Onshore Trusts. andquot;All those who work with Cayman Islands trusts, here or abroad, should leap to their feet and applaud James Kessler and Tony Pursall for this splendid work.andquot; Antony Duckworth, Partner, Charles Adams, Ritchie andamp; Duckworth

Trusts and Modern Wealth Management

Author: Richard C. Nolan,Kelvin F. K. Low,Tang Hang Wu

Publisher: Cambridge University Press

ISBN: 1316762130

Category: Law

Page: N.A

View: 6195

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.

Papers of the International Academy of Estate and Trust Law - 2000

Author: Rosalind F. Atherton

Publisher: N.A


Category: Law

Page: 287

View: 7174

The International Academy of Estate and Trust Law is a prestigious body that comprises leading estate and trusts lawyers from civilian and common law jurisdictions around the globe. Its membership - all experts in trusts, estate and inheritance law, and/or tax law - includes solicitors, barristers, notaires, judges, and law professors. The group's proceedings manifest a comparative approach, offering perspectives on issues of direct and immediate concern for both civil and common law jurisdictions. This volume records the May 2000 week-long conference in Berlin, which focused on four main topics: This volume, the second published by Kluwer Law International, continues to engage the deep interest of researchers, academics, practitioners, law reform bodies, governmental groups and their advisers working in this complex and varied field of law. It makes available to a wide audience the analyses of academic and professional leaders on topics of immediate relevance.

Changing the Situs of a Trust

Author: Robert A. Hendrickson,Neal R. Silverman

Publisher: Law Journal Press

ISBN: 9781588520142

Category: Law

Page: 624

View: 7995

This book covers suggested clauses for both inter vivos and testamentary instruments and examines court reactions to a petition for change when the trust instrument does not specifically give one.

Trusts Law

Text and Materials

Author: Graham Moffat

Publisher: Cambridge University Press

ISBN: 9781139445283

Category: Law

Page: N.A

View: 3307

With its unique contextual emphasis and authoritative commentary, Trusts Law: Text and Materials is a book that no serious undergraduate on trust law courses can afford to be without. The book is divided into four main parts: trusts and the preservation of family wealth; trusts and family breakdown; trusts and commerce; and trusts and non-profit activity. Within each of these parts, leading cases, statutes, and historical and research materials are placed alongside the narrative of the author's text to give emphasis both to general theories of trust concepts and to the practical operation of trusts. Attention is also given to important themes such as the developing relationship between trusts law and other areas of private law such as the Law of Restitution. This new edition takes account of all relevant judicial and legislative developments since the third edition, and expands discussion of key themes in current developments of the law.

Legal Aspects of Doing Business in Latin America

Author: Dennis Campbell

Publisher: N.A

ISBN: 9789065441027

Category: Industrial laws and legislation

Page: 351

View: 7555

Guide for doing business in a few selected Latin American countries each dealt with per chapter. Countries covered in the basic volume are: Argentina, the Bahamas, Bolivia, Brazil, Cayman Islands, Chile, Colombia, Guatemala, Mexico, Panama, Peru and the Turks and Caicos Islands. The Pocket Supplement updated the materials and includes new chapters on Honduras, Uruguay and Venezuela.

Der Rushhour-Killer


Author: Mason Cross

Publisher: Goldmann Verlag

ISBN: 364114390X

Category: Fiction

Page: 416

View: 3160

Wie stoppt man einen Killer, dessen einziges Motiv die pure Lust am Töten ist? Als bei einem Überfall auf einen Gefangenentransport der berüchtigte „Chicago Sniper“ Caleb Wardell entkommen kann, herrscht beim FBI die höchste Alarmstufe. Wardell, der nur zwei Wochen später hingerichtet werden sollte, gilt als völlig unberechenbar und sucht sich seine Opfer bevorzugt in großen Menschenmengen. Das FBI zieht den externen Berater Carter Blake hinzu, der einst während eines Militäreinsatzes im Irak eine äußerst verstörende Begegnung mit Wardell hatte. Wird es Carter diesmal gelingen, den gemeingefährlichen Killer zu stoppen?

Focus on the Cayman Islands

Author: Michael L. Alberga,Darryl Myers

Publisher: N.A


Category: Cayman Islands

Page: 59

View: 873

Tax Law Design and Drafting

Author: Victor Thuronyi

Publisher: N.A


Category: Law

Page: 1199

View: 1550

This book examines the development of tax legislation from a comparative law perspective, an area in which very little of a general nature has previously been written. Based on the experience of the IMF Legal Department in assisting many developing and transition countries to draft tax legislation, it comprises contributions by tax experts from around the world. This useful guide aims to identify the legal issues that arise in the drafting of tax laws and to examine the various solutions which have been devised in national legislation. A comparative tax law bibliography and a bibliography of the national tax laws of IMF member countries are included in appendix. Its practical nature and the general scope of its discussion will make it a valuable tool not only for officials in developing and transition countries and their advisors, but also for students, academics and practitioners with an interest in comparative tax law. A two-volume paperback edition of this work was published by the IMF in 1996 and 1998.

International Trust Laws

Author: Paolo Panico

Publisher: Oxford University Press, USA

ISBN: 9780198754220

Category: Law

Page: 912

View: 3579

International Trust Laws is a wide-ranging comparative guide to the law of trusts across a number of important jurisdictions, with analysis of issues surrounding the creation of trusts, the powers and duties of trustees, mechanisms of control, and the special uses of trusts. The book combines academic rigour and analysis with a practical focus on trusts in the real world, including assets which modern settlors wish to envelop in a trust; liability concerns of trustees; and the governance, command, and control mechanisms which increasingly form the largest feature of trust creation. It also provides valuable background for trust law practitioners, whether they advise on trusts, draft trust documents, or litigate trust-related matters. The new edition has been fully revised and updated to address important developments in case law and legislation, including the UK Supreme Court decision on the "rule in Hastings-Bass" (Pitt and Futter cases), the Privy Council decision on 'reserved powers trusts' (TMSF), decisions on forced heirship issues in Jersey and Guernsey, decisions on 'asset protection trusts' in the US, the Trusts (Amendment N. 5) (Jersey) Law 2012 and Trusts (Amendment N. 6) (Jersey) Law 2013, Hong Kong's Trust Law (Amendment) Ordinance 2013, the Virgin Islands Special Trusts (Amendment) Act 2013 and Trustee (Amendment) Act 2013, Cyprus' International Trusts (Amendment) Law 2012 Cayman Islands, Trusts Law (2011 Revision), and amendments to the trusts law of New Zealand. It also offers new coverage of the retirement, removal, and appointment of trustees, with a special emphasis on trustee indemnity; and the recognition of trusts in non-trust jurisdictions (civil law jurisdictions, Eastern Europe, Islamic countries, and China).

Regierung und Verwaltung auf einen Blick 2013

Author: OECD

Publisher: OECD Publishing

ISBN: 9264209549


Page: 194

View: 1123

Regierung und Verwaltung auf einen Blick 2013 enthält eine Reihe wichtiger Indikatoren für die Analyse und den internationalen Vergleich der Leistung des öffentlichen Sektors.


Author: Charles Dickens

Publisher: e-artnow

ISBN: 8026880013

Category: Fiction

Page: 950

View: 9798

Dieses eBook: "Bleakhaus" ist mit einem detaillierten und dynamischen Inhaltsverzeichnis versehen und wurde sorgfältig korrekturgelesen. Esther Summerson wächst als Kind bei Miss Barbery auf, ohne zu wissen, dass diese ihre Tante ist oder wer ihre Eltern sind; sie erfährt nur, dass ihre Mutter große Schande über sich gebracht habe. Nach dem Tod ihrer Tante wird Esther von John Jarndyce aufgenommen, einem reichen und wohltätigen Mitglied der Oberschicht, der einer der Beteiligten an dem erwähnten Erbschaftsstreit Jarndyce gegen Jarndyce ist. Sie arbeitet dort als Haushälterin von Bleak House sowie als Gesellschafterin von Ada Clare und deren entfernten Cousin Richard Carstone, zwei weiteren Beteiligten im Rechtsstreit um das Erbe im Jarndyce-Fall, die John Jarndyce als Vormund in Bleak House aufnimmt. Charles Dickens (1812-1870) war ein englischer Schriftsteller.

World Reports

Author: N.A

Publisher: N.A


Category: Investments, Foreign

Page: N.A

View: 4156

Ich kann mir alles merken.

Nur nicht mehr so lange

Author: Nora Ephron

Publisher: Limes Verlag

ISBN: 3641070872

Category: Social Science

Page: 192

View: 7680

Dieses Buch geht uns alle an! Wenn man jung ist, lacht man darüber, dass man in die Küche gegangen ist und sich nicht mehr daran erinnert, was man dort wollte. Oder dass man sorgfältig eine Einkaufsliste geschrieben und sie dann aber vergessen hat. Und dann wird man älter ... Früher drohten die vielen Erinnerungen ihre „geistige Festplatte“ zu sprengen; beim Älterwerden spürt Nora Ephron, dass die Speicher sich zu leeren beginnen. Und diese Erfahrung machen wir irgendwann alle. Mit viel Wortwitz zeigt Hollywoods erfolgreichste Drehbuchautorin einmal mehr, wie gut sie es versteht, die Gedanken und Wünsche von Frauen in Worte zu fassen. Mit unnachahmlicher Selbstironie schreibt sie über gestern, heute und morgen, über Familie und Beruf, Vertrauen und Enttäuschung, Erfolg und Desaster. Der Hals lügt immer noch nie. Und Nora Ephron lügt uns nicht an: Altwerden ist nicht einfach, aber einfach schön verrückt! Herzenswärme und hintergründiger Humor von Hollywoods Kultautorin. Nora Ephron weiß, was Frauen wollen!