Research Catalog

Trusts and modern wealth management

Title
Trusts and modern wealth management / edited by Richard C. Nolan, Kelvin F.K. Low, Tang Hang Wu.
Publication
  • Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2018.
  • ©2018

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StatusFormatAccessCall NumberItem Location
TextUse in library K795 .T77 2018Off-site

Details

Additional Authors
  • Nolan, Richard C. (Richard Charles), 1965-
  • Low, Kelvin F. K.
  • Tang, Hang Wu
Description
viii, 600 pages; 24 cm
Summary
"Trust law has grown and developed over recent years through the continued ingenuity of practitioners and the provision of innovative new trust laws by offshore jurisdictions. The wealth managed through the medium of trust law has also changed in recent years, as increasingly it has come from the newly rich of Asia. This brings distinctive issues to the fore: the role of settlors, family members and trusted advisors in trust administration; the position of trustees in relation to instructions coming from such persons; and an increased desire for confidentiality in trust administration and the settlement of trust disputes. This collection focuses on trusts which are deliberately created to manage wealth and the concomitant issues such trusts raise in other areas of law. Essays from leading members of the judiciary, practitioners and academics explore these developments and their implications for the users of trust law and for society in general"--
Subject
  • Trusts and trustees
  • Fiducia
  • Discretionary trusts
  • Breach of trust
  • Wealth > Management
  • LAW > Estates & Trusts
Bibliography (note)
  • Includes bibliographical references and index.
Contents
Introduction / Richard C. Nolan, Kelvin F.K. Low and Tang Hang Wu -- Part I. The role of the courts today in the administration of trusts / Sir Launcelot Henderson ; 'Breaking bad': settlors' reserved powers / Lusina Ho ; Trustees and third-party powers / Richard C. Nolan ; Trust arbitration clauses / Matthew Conaglen ; Massively discretionary trusts / Lionel Smith ; Trustees, fiduciaries and fetters / David Pollard -- Part II. Derivative actions on behalf of the trust: Beddoe orders for beneficiaries / Tang Hang Wu ; The entitlements of objects as defining features of discretionary trusts / P.G. Turner ; The beneficiary's performance interest in a trust: AIB v. Redler and the march of the compensatory principle / J.E. Penner ; Compensatory remedies for breach of trust / Paul S. Davies ; Tapping into trust assets for redistribution upon divorce in England and Wales / Simone Wong ; The vulnerability of trusts in divorce / Rebecca Lee -- Part III. Mapping client sophistication: critical enquiry or unnecessary distraction? / Christopher Hare ; Misrepresentation and rescission / Kelry C.F. Loi ; The Alternative Australian Trusts Act (Cth) / David Chaikin and Eve Brown ; Non-charitable purpose trusts: the missing right to forego enforcement / Kelvin F.K. Low ; Trusts in civil law environments: can civil law jurisdictions such as Liechtenstein dcal with core issues of trust law? / Francesco A. Schurr ; High-net-worth trusts in the twenty-first century: confiscatory taxes and duties? / Tony Molloy.
ISBN
  • 9781107170490
  • 1107170494
LCCN
2017043606
OCLC
  • on1003641855
  • 1003641855
  • SCSB-9042272
Owning Institutions
Princeton University Library