Back Issue Archive
STEP Journal: May 2012
- On good form - Small trusts and reporting requirements
- Point of no returnPonzi schemes have been around for 92 years and are still going strong, it seems.
- A tale of four cities - Considering mental capacity and active ageing
- Wasted asset - contentious trust lawyers and family wealth
- Balancing actThe equal challenges of understanding trusts and foundations.
- Reader writes
- Introducing STEP’s new Advanced Certificate in UK Tax for International ClientsHow to meet the UK tax planning needs of the international client.
- Discover Advanced Certificate in Family Business Advising Advanced Certificate in Family Business Advising aimed at anyone working or wishing to work with family businesses.
- Best interestsHHJ Marshall QC's verdict in the case of SM v HM is big news in both the mental capacity world and the trust sector in general.
- Health and wealth
- Think clearly about money mattersFinancial planning tips to advisors with potentially vulnerable clients.
- Onwards and upwards - how STEP's Mental Capacity SIG has grownFrom humble beginnings, STEP's mental capacity special interest group has expanded its geographic reach and seen membership rise.
- Life after the clean-upWhat the future holds for Switzerland's private banking sector.
- Banking secrecy and discretionary trustsSwitzerland remains a jurisdiction for discreet estate planning for international family clients.
- Everything in orderThe Liechtenstein Disclosure Facility (LDF) is still the best and cheapest choice for UK nationals.
- Building knowledgeTrustees in Switzerland want AML auditors with a deeper understanding of trusts, according to a recent study.
- Till death us do part?How the courts deal with inherited, pre-acquired and trust assets for a divorce in England and Wales.
- 21st-century breakdown - English divorce law and foreign partiesPaul Tomlinson explores English divorce law and foreign parties: a foreign judgment would not automatically be enforced against a Jersey law trust - firewall provisions.
- Fighting fire with fireA look at trustees and divorce, focusing on the Cayman 'firewall' legislation.
- Second homesAn overview of multi-jurisdictional divorce cases.
- Obligations and optionsThe EU Saving Tax Directive from a trustee's perspective.
- Middle ground - The importance of trustee neutrality
- Level playing fieldA look at what Cyprus' amended international trust law has brought to the Island.
- It takes two to tangoThe trust industry talks, so having a positive attitude is integral when parting ways with clients.
- Traditional value - the remittance basis of tax in Ireland.
- Genuine occupancyPrincipal private residence relief in light of the recent UK case Hanson v HMRC.
- Honest mistakeA case where a couple's final intentions were overruled because of a simple admin error.
- Trust Taxation - a review of third edition of 'Trust Taxation'A review of Trust Taxation by Emma Chamberlain and Chris Whitehouse.
STEP Journal: April 2012
- Cheque mateEven-handed generosity does not always result in the intended outcome.
- Keep in touchAdvice on marketing offshore services.
- Unity v Renvoi: the struggle endures - the Brussels IV Succession Regulations
- Attitudes changeWhy the new general anti-avoidance rule might be worrying for some.
- Splitting heirs - considering forced heirship rules
- Healthy competitionInnovation maintains the Channel Islands' market edge and joining forces will only strengthen their position.
- Change is the new imperativeHow the Channel Islands are remaining competitive in the emerging international economy.
- Nothing to hideThe author argues that the Crown Dependencies are not tax havens and supports the idea of speaking with one voice.
- Added valueWhat the new Isle of Man Foundations Act 2011 has brought to the island.
- Next chapterGuernsey's foundations law is expected to be introduced later in 2012: an examination of the opportunities it will bring to the island
- Valid caseThe landmark decision reached on the validity of litigation funding in Jersey.
- What lies beneath - Putting employee benefit trusts in the spotlight
- Blunt weapon68 pages of legislation and 173 pages of guidance about the new disguised remuneration rules.
- FATCA: a guide for trusts and companiesJay Krause and Theodore Ahlgren report on the proposed Foreign Account Tax Compliance Act regulations issued by the IRS.
- Gift exchangeOn the new tax relief for lifetime gifts of cultural property.
- Under attackSouth African trust law is moving ahead rapidly. The author reports on the groundbraking case of FNB v Britz and others.
- Fail safeThe author explains why trust insolvency is important and makes a plea for change.
- Mediation and reconciliationThe Trust Law Committee in England and Wales proposes change to Arbitration Act 1996.
- Get it right first timeInvestment advice for discretionary and interest in possession trusts.
- Family tiesIs the family constitution legally binding - and should it be?
- All’s fair in love and separationThe perils of owning a property jointly when not married in light of the Kernott v Jones case.
- Switzerland Business & Investment HandbookA review of the Switzerland Business & Investment Handbook, edited by Christian H Kalin.