Back Issue Archive
STEP Journal: June 2010
- Why estate accounts countHow making savings by omitting estate accounts can be an expensive mistake.
- Penalties and taxesConsidering HMRC's changes to penalties and taxes.
- International succession – the new summer garbA review of the third edition of OUP’s International Succession, edited by Louis Garb and John Wood.
- Recognition of foreign trustsA discussion on international trusts with Latin American settlors.
- Keeping your house in orderOn the question of how the Asian family office can help with family governance.
- Looking ahead - The STEP Asia Conference returns to Hong Kong
- Is this the future?
- Investment discretionA discussion on a possibe trustee investment strategy for controlling risks and preventing lawsuits.
- HIRE ActThree practitioners discuss the Foreign Account Tax Compliance Act becoming law.
- International family governance - A proposal for two-tier constitutionsVery wealthy families are focused on preparing their own family ‘constitutions’ and advisors can provide valuable guidance and drafting assistance. Following is an innovative proposal for a ‘two-tier’ approach.
- Progress in the PacificNew tax information exchange agreements in the Pacific.
- A fair settlementPossible impact of Part III of the UK Matrimonial and Family Proceedings Act 1984 on judgments made in overseas divorce cases.
- Unwise hostility - resident non doms and the UK Economy
- Considering relocationThe key issues that need to be addresses when relocating high-net-worth individuals to Switzerland.
- Philanthropy interviewAn interview with Maya Prabhu on philanthropy advisory services.
- There is only one thing worse than being talked about…Posing the question of whether professional firms can enhance their reputation and fee earning capacity through a positive media strategy, even in a recession.
- Stepping inNew challenges for professional deputies in the UK.
- Trusts in AustraliaAn antipodean view on trusts and estate practice in a warm climate.
- STEP Journal interviewA discussion on current challenges and trends in wealth management with the STEP Journal.
TQR: May 2010
- Forensic document examination - the science todayDr Audrey Giles describes the forensic techniques available to determine the origin and validity of documents and warns against mistaking graphologists for forensic handwriting specialists.
- Drafting and negotiating investment management agreements: the corporate trusteeDr Carole Cotter gives an overview of the issues that a practitioner should consider when drafting or negotiating an investment management agreement.
- A review of the requirement to minute trustee decisions and meetings having regard to beneficiaries’ rights to disclosure of informationNigel Mifsud suggests that trustees should look at their recordkeeping procedures with the possibility of litigation in mind.
- The development of Hastings-Bass in JerseyHarriet Brown summarises several cases, spanning from 2002 to early 2010, where the Hastings-Bass principle looked as if it might be applied or modified in the Jersey courts.
- The Perpetuities and Accumulations Act 2009Ruth Hughes explains how the Perpetuities and Accumulations Act 2009, which came into force on 6 April 2010, will affect trust practitioners.
- A round up of recent wills and trusts casesJoseph Curl summarises a large number of recent cases, including Jones v Kernott, the first reported discussion of an "ambulatory constructive trust" since Stack v Dowden.
- Nil-rate band transferRichard Wallington discusses the application of the NRB in various situations.
- McCutcheon on Inheritance TaxJim Edmonson and Christine Payne Smith review the 5th edition of "McCutcheon on Inheritance Tax", published by Thomson/Sweet & Maxwell in 2009.
- The Taxation of Charities (7th edition)Alexander Erskine reviews the 7th edition of "The Taxation of Charities", by James Kessler QC and Harriet Brown.