Back Issue Archive
STEP Journal: May 2009
- Assurance and interest: A look at life assurance and insurable interestsAmanda Edwards, explores life assurance and insurable interests - when the assurance provider or life office want there to be an ‘insurable interest’.
- Income investments revisitedA look at portfolios where many of the assets, from countries such as the United States, generate either none or a very low rate of income.
- Fiscal Paradise LostThe challenges encountered by STEP when responding to the growing demands from the OECD, the EU and the USA for exchange of tax information between states and the inequalities of bargaining positions.
- Enforcement of English OrdersThe enforcement of English divorce judgments against offshore trusts in Bermuda, Cayman and BVI.
- Winds of changeA look at the increasing importance of the issue of residency in trust and wealth planning in Asia.
- Family business perspectiveA look at trusts, trustees and the family business.
- STEP Journal interviewAn interview with Mimi Hutton, Chairman of STEP Hong Kong 2009.
- NZ foreign trustsAn overview of New Zealand's foreign trust regime.
- Significant developmentsThe key features of a new US Bill, which provides an alternative to the Stop Tax Haven Abuse Bill.
- Jersey trust disputesSee what the coming months may have in store for trust litigators.
- Trusts for Russians
- All change - Liechtenstein's TIEA with the US plus commitment to the OECDLiechtenstein's tax strategy going forward - a tax information exchange agreement (TIEA) with the US and commitment to the OECD statndards on transparency and information exchange in relation to tax matters.
- Cross-border donationsThe tax deductibility of cross-border donations to Swiss charities under community law.
- New rules for asset allocatorsThe new rules for asset allocators in the credit crunch.
- Avoiding ambiguityThe trials and tribulations of an international life when administering the estates of the wealthy.
- A beaten docketThe result of the appeal in Bower & Anor v Revenue & Customs.
- Avoiding probate problemsHow to avoid problems on applications for grants of representation.
- Hope value and death
- Post-marital agreements - the new lawThe new developments in relation to post-marital agreements.
- Pension solutionsWhat to do when the banks stop lending and the storm clouds gather.
- A Practical Guide to International Family LawA review of "A Practical Guide to International Family Law" by David Hodson.
TQR: May 2009
- Aspects of the law of mistake: Re Hastings-BassA summary of a speech given to the Chancery Bar Association Conference in January 2009, outlining some of the problems in applying the Hastings-Bass principle.
- Purifying the dialect of equityAn analysis of the legal terminology that is often misunderstood or misused, even by the judiciary, in the hope of clarifying some key judgements on several areas affecting trusts.
- Better late than never?The Privy Council's judgement in McLeod v McLeod provided some guidance on post-nuptial agreements, if not on pre-nuptial agreements. This is an outline the case and its impact.
- The removal of a trusteeA look at the reasons why the Court may exercise its power to remove a trustee, illustrated with precedents.
- Reform of the German Inheritance and Gift Tax LawThe German Parliament made some substantial changes to the Inheritance and Gift Tax Law, which came into effect in January 2009. This is an outline of the effect on administration of estates and estate planning for clients with assets in Germany.
- Congress considers extensive changes to US tax treatment of international structures and expanded beneficial ownership disclosure for domestic structuresA warning that trustees who have one or more US beneficiaries should keep a close eye on the progress of the Stop Tax Haven Abuse Act, which was introduced to both Houses of Congress in March 2009.
- STAR trustsAn explanation of the general features of Cayman Islands STAR trusts, their common uses, treatment by foreign courts and some of the safety features.
- Drafting Trusts and Will Trusts: A Modern ApproachA review of 'Drafting Trusts and Will Trusts: A Modern Approach' by James Kessler QC and Leon Sartin.