Back Issue Archive
STEP Journal: June 2012
- Debt release - Informal family loans and proprietary estoppelAmanda Edwards explores the issues around debt release - informal family loans and proprietary estoppel.
- A private affair - why PTCs could clear a settlor's doubts
- Charity begins with Birkenhead - a look at the draft regulation for a Fundatio EuropaeaRichard Frimston looks at the draft regulation for a Fundatio Europaea (FE) - what is an FE, how it's registered and what it does...
- Personal shopperA look at building trust and understanding what the client wants to buy.
- Flexible solution - a look at the Swiss professio juris
- FATCA in the frameAlternative intergovernmental approach extends way beyond FATCA: it motivates countries to accept automatic information exchange for curbing tax abuse.
- Voluntary disclosuresThe myriad obligations imposed on US citizens who live abroad are unknown to many individuals and US tax preparers, and non-compliant taxpayers need to get their affairs in order.
- Prepare for changeEstablishing and administering foreign trusts, selecting asset managers and custodian banks.
- Under scrutinyThe techniques practitioners should make use of before the law changes for gift tax, defective grantor trusts and decanting.
- Litigation nation
- Canadian departure tax: obstacle or opportunity?What Canadians should consider when moving to the US.
- Canadian and US tax systems: a comparisonFor two countries separated by the longest undefended border in the world, the US and Canada have surprisingly fundamental and widespread differences between their tax systems.
- New York conference retains ‘must-attend’ titleDelegates of the eighth annual international estate planning institute event are already looking forward to next year's event.
- Assessing impactOn meeting the demands of donors and measuring their gifts.
- Good businessReviewing the role that offshore finance centres can play in encouraging and facilitating charitable arrangements for the benefit of onshore causes.
- Heart foundationWhile charitable and non-charitable purpose trusts in Jersey have been used for philanthropy, there's a growing interest in foundations.
- Twin power - the benefits of US-UK dual-qualified charities
- First stepOn starting the process of giving.
- Share giveawayMany charities accept shares as a method of donating, and it's a higly tax-efficient way of unlocking capital for good.
- Model adviceSTEP and EAPG launch joint initiative with discussion forum for philanthropy advisors.
- Pioneering legislationThe Bahamas financial services industry recently welcomed the Bahamas Executive Entity. Here the author reports on its practical uses.
- For the recordRecent legislation has enforced a requirement on Israeli citizens to declare their offshore trusts. Here the authors discuss the treatment of trust structures under Israeli law and the tax treatment of trusts for Israeli citizens.
- Faith and money - the peculiarities of Indian inheritance laws
- Leaving on a highLaurence Black's final conference as STEP Arabia Chair showcases the branch's successful history.
- Practical Inheritance Tax PlanningA review of Practical Inheritance Tax Planning, co-authored by STEP's President, Geoffrey Shindler OBE.
- Web exclusive: FATCA - Finding balanceA report on the IRS public hearing on the proposed regulations for the implementation of FATCA.
- Web exclusive: The Stanford sagaThe key events in the liquidation of Stanford International Bank (SIB).
TQR: June 2012
- The rule in Hastings-BassIts role in Jersey and the decision in Pitt v Holt and Futter v Futter.
- Bank Leumi Le’Israel Ltd v Tauber - Israel Supreme Court judgment on trust lawGeorge Rosenberg and Niv Goldstein explores the essence of the concept of trust according to Israeli law following a judgment rendered by the Supreme Court of Israel on 19 July 2011 in the matter of Bank Leumi Le’Israel Ltd et al v Marsha Tauber et al.
- Instruments of variationA look at instruments of variation and whether a legacy created by one should accrue interest, as a general legacy would.
- Prudence and vituperative epithetsA speech given by Mr Justice Hildyard to the Chancery Bar Association on 21 January 2012.
- Trusts of non-assignable contractsThis article debates whether a valid trust can be declared over the benefit of a contract if there is a restriction on the assignability of the contract.
- Rectifying trustsThe possible influence of Futter v Futter and Pitt v Holt on Scottish Courts.
- Rules of disclosureReviewing the rules of disclosure as interpreted in various cases in England and Wales.
- The International TrustA review of The International Trust by Hon Mr Justice David Hayton (third edition).