Trust Essentials - October 2018

Trust Essentials - October 2018

Jersey's Royal Court provides guidance to trustees faced with requests for disclosure from a beneficiary

The Royal Court of Jersey, in the recently handed down judgment in M v W Limited and Others, has provided useful guidance for trustees in circumstances, outside the context of discovery in adversarial litigation, where a beneficiary of a trust is seeking disclosure of trust information.

The application was heard in October 2017 and was brought by one of the beneficiaries of a trust who was seeking delivery of a broad range of documents. In this briefing, senior partner Steve Meiklejohn and trainee solicitor Matthew Davies list the key points trustees should take away from M v W Limited.

Read the article: To see or not to see - Jersey's Royal Court provides guidance to trustees faced with requests for disclosure from a beneficiary

Jersey's new Charities Law - first charity registers

Global Head of the Private Client and Trusts team James Campbell comments on the impact of the new charities regime and our at-a-glance guide tells you what you need to know.

Read the guide: At A Glance Guide to Jersey's new Charities Law

The Luxembourg SPF: A private wealth management company of choice

Luxembourg partner Bertrand Geradin confirms the key features of the Luxembourg private wealth management company (known as SPF – société de gestion de patrimoine familial), a private wealth management vehicle which enables individuals to structure their estate in a simple, flexible, unregulated and tax-efficient manner and for numerous purposes, thereby appealing to various types of investors.

Read the article: The Luxembourg SPF: A private wealth management company of choice

Privy Council upholds Court of Appeal ruling in long-running BVI trusts dispute

Ogier's Nicholas Brookes has been part of the team that successfully defended a high-profile and long-running BVI trusts dispute that was fought all the way to the Privy Council.

Read the news story: Privy Council upholds Court of Appeal ruling in long-running trusts dispute

Cayman Islands wills for individuals with shareholdings in a Cayman Islands Company

Anthony Partridge and Ben Harle comment on the process for a person who is not domiciled in the Cayman Islands to write a will dealing with his or her shareholding in a Cayman Islands company.

Read the article: Making a will in the Cayman Islands