Representation of Jasmine Trustees In a recent decision arising out of a long-running family dispute concerning two trusts, the Royal Court made several notable findings regarding the scope and effect of undue influence in a trust context. What lessons can trustees take away from the decision in this case? Trustees and other fiduciaries should be […]
Read MoreTrusts (Amendment No 7) (Jersey) Law 2018 effective from 8 June 2018
Trusts (Amendment No 7) (Jersey) Law 2018 –Â https://www.jerseylaw.je/laws/enacted/Pages/L-22-2018.aspx Amendment No. 7 brings clarification and further develops certain existing provisions of the Trusts Law, ensuring that Jersey remains a leading jurisdiction for the establishment and management of trusts. The Trusts (Amendment No 7) (Jersey) Law 2018, which contains a number of amendments to the Trusts (Jersey) […]
Read MoreWARNING FOR TRUSTS THAT DEAL WITH PROPERTY
A recent case has far reaching consequences for trustees dealing with and financing UK Property and highlights that trustees must now take great care to avoid personal liability when entering into contractual arrangements. Under English law the position has always been that a trustee acts personally. This means that a trustee is personally liable for […]
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