CAPACITY OF THE SETTLOR

The person creating the trust must have the capacity to do so. Capacity is defined by the Mental Capacity Act 2005 as the ability to understand and retain information relating to the decision, to weigh it in the balance when ...

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THE MODERN TRUST

 Trusts are one of the most important concepts in the English legal system The modern trust is based on the idea of dual ownership: that is, both a legal and an equitable ownership In a trust, the legal ownership is ...

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THE ORIGINS OF EQUITY

Equity ‘mitigates the rigour of the common law’ (Earl of Oxford’s Case (1615)) Equity is underpinned by the notion of conscionability (Westdeustsche Land v Islington LBC [1996]). Conscionability, in short, means 'fairness'. Equity, like the law, depends on precedent and ...

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THE USE AND ABUSE OF TRUSTS

Presentation by Martin Lewis at the Private Client Panel at the Saint Jacques Smith  August 20, 2019 Petersburg International Legal Forum 2015 INTRODUCTION The great majority of off-shore trusts are probably ‘sham trusts’. That is to say, domestic and international ...

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ABUSE OF EQUITY AND TRUSTS

Introduction In most parts of the world, it is quite clear that tax evasion and misusing trusts are both generally beloved hobbies of the rich and powerful. Even in the UK, this practice has not gone unseen, the Duke of ...

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MODERN INTANGIBLE ASSETS AND THE MATRIMONAL CLAUSES ACT

Identify the difficulties with dividing modern intangible assets such as the BitCoin using the Matrimonial Causes Act 1973 and the Family Procedure Rules 2010. Critically evaluate possible methods for dealing with dividing these assets fairly and discuss whether they should be viewed ...

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WHO IS THE ‘IDEAL RAPE VICTIM’?

The criminal justice system of England and Wales has long been treated as one of the most well organised and effective systems in comparison to those of other jurisdictions. It is characterised by an adversarial system where each party competes ...

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