Searching Content indexed under Trusts by DQ Advocates ordered by Published Date Descending.
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Trustees: Can You Blindly Rely On The Expertise Of Your Directors?
Trust structures will often involve trustees holding shares in companies; those shares forming part of the trust fund held by the trustees for the benefit of the trust and the beneficiaries as a whole.
Isle of Man
4 Mar 2019
Daughter Wins USD 200m Breach Of Trust Claims Against Her Own Mother
Crociani v Crociani: A bitter family dispute was finally brought to an end after 5 years following the Royal Court of Jersey's finding in favour of daughter Cristiana who alleged a series of breaches...
Isle of Man
19 Dec 2017
Have Data Protection Laws Changed Trust Law On Disclosure?
A landmark decision was handed down by the Court of Appeal (England and Wales) on 16 February 2017 in respect of beneficiaries using subject access requests under data protection law ...
Isle of Man
30 Nov 2017
Trustees: Limit Your Liability And Obtain Your Costs
In the case of X (as Trustee of the A Trust) v Y (as Beneficiary of the A Trust) (unreported) 15 March 2017...
Isle of Man
2 Oct 2017
Guidance For Trustees: When Should You Submit To The Jurisdiction Of A Foreign Court?
In the recent case of A Limited FURBS [2017] 21/2017, the Guernsey Court held that, in the exceptional circumstances arising...
7 Aug 2017
The Life Of A Trust Part Six: Termination Of The Trust
There are a number of ways in which a Trust may end. This may involve action taken by the Trustees, the Settlor, the Beneficiaries, a third party or the Court.
Isle of Man
13 Mar 2017
The Life Of A Trust Part Five: Requests For Information By Beneficiaries
During the lifetime of the Trust, it is likely that the Trustee will receive requests for information about the Trust, or its administration, from a beneficiary.
Isle of Man
16 Jan 2017
The Life Of A Trust Part Four: Distributions
When considering a request by a beneficiary for a distribution from a Trust Fund, a Trustee should first ensure that they have power under either the terms of the trust instrument...
Isle of Man
12 Jan 2017
Cobbler Required For DQ
Senior Associate Leanne McKeown addressed the ACSP's packed AGM at the end of October on the topic of "Employment Law Developments – Equality and Whistleblowing".
Isle of Man
14 Dec 2016
The Life Of A Trust Part Three: Changing Trustees
Isle of Man trusts may continue for a number of years, (and indeed in perpetuity following the Trusts Amendment Act 2015), during which time it may be necessary for a change in trustees.
Isle of Man
12 Dec 2016
The Life Of A Trust Part Two : Trustees' Duties
Once appointed, a Trustee is subject to a number of duties. A Trustee's overriding duty is to act in the best interests of the beneficiaries of the Trust.
Isle of Man
15 Nov 2016
The Life Of A Trust Part One: Creation
Creating a trust involves more than simply drafting a trust document and arranging for it to be signed.
Isle of Man
21 Oct 2016
Registration Of Security Created By Isle Of Man Companies Against UK Property
Despite the abolition of the Slavenburg register by the UK Overseas Companies (Execution of Documents and Registration of Charges) (Amendment) Regulations 2011 ("the Regulations"), DQ still receive some requests to register charges granted by Isle of Man companies over property in the UK.
Isle of Man
1 Sep 2016
Who Is In Control?
As of 6 April 2016, UK companies and limited liability partnerships are legally required to identify and record the individuals who own those entities.
Isle of Man
25 Jul 2016
Will The Court Always Have A Trustee's Back?
In a recent judgment, a trustee requested the Guernsey Court's blessing to distribute the assets of the trust in accordance with a letter of wishes in order to limit any future challenge of the trustee's decision.
12 Jul 2016
Oops! Can A Trustee's Mistake Be Undone?
The case involved the trustee of a number of Isle of Man trusts granting several call options. The call options could have led to capital gains tax consequences for the beneficiaries resident in the UK.
Isle of Man
12 Jul 2016
Notary Public – Who, What, When and Why?
The services of a notary public is often required but who are they? What services do they provide
Isle of Man
11 Apr 2016
Insolvent Trusts: Do Creditors Trump Beneficiaries?
To talk of an insolvent trust is, of course, a misnomer, a trust is not a separate legal entity and cannot, as a matter of law, be insolvent.
Isle of Man
4 Apr 2016
English Court Expands Reach Of Freezing Injunction To Trust Assets
In December 2013, the liquidator of a Russian bank commenced proceedings in Moscow against one of the founders of the bank, Mr Pugachev, alleging that he had defrauded the bank out of c USD 2.2 billion.
14 Sep 2015
Winding Up Offshore Foundations On Just And Equitable Grounds
DQ recently acted in the first application to the Isle of Man Courts for the winding up of an Isle of Man foundation. The DQ legal team consisted of managing partner Tom Maher and associate Adam Killip.
Isle of Man
20 Aug 2015
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