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In November 2022, the Court of Justice for European Union (CJEU) made a pivotal decision that altered the landscape of beneficial ownership registers in Europe.

Offering more flexibility than a Trust, Private Foundations are gaining in popularity due to their lower costs, fewer regulations, tax benefits and greater control. But which jurisdiction is best?

We look here at the benefits of good governance for schools and academy trusts. Schools and academy trusts have been through the mill in so many ways over the last 18 months.

Trustees are jointly and severally liable for breach of trust to their beneficiaries where that breach has led to a loss to the trust fund.

Community land trusts could take on a central community role in a post-Covid world by providing co-working spaces.

Charity Trustees have ultimate responsibility for any investment of charity funds. Whilst Trustees might delegate the day to day management of investments to a relevant professional ...

Macfarlanes has secured proprietary injunctions over £12.6 million in assets following what a judge described as a "remarkable" settlement process involving Pride Planning and trustees of a funeral plan trust. The case centers on allegations that trustees breached their fiduciary duties by rapidly settling a claim and transferring all trust assets to Pride Planning, leaving nothing for customers who had not transferred to Dignity. The court found a good arguable case that the settlement constituted a b

Sixth form colleges operate either under the direction of a statutory corporation or are run by an academy trust as a 16-19 academy.

In line with the current transparency agenda in the financial sector, and in compliance with EU regulations, HMRC has introduced a trusts register which will record all UK and non-UK trusts...

For a while it was fashionable, especially in some offshore jurisdictions, to create trusts with no primary beneficiaries.

The FRC has published a new version of The UK Corporate Governance Code.

The creation of a lifetime trust, in times past, was revered as a sensible structure to shelter assets from the unstoppable tide of inheritance tax ("IHT").

A guide to the advantages of Disabled Persons Trusts for Parents, Carers and Advisors including tax efficiency and protection of means-tested benefits...

Two recent High Court decisions demonstrate how charities can navigate disputed estates involving challenges to wills, lifetime gifts, and powers of attorney. These cases reveal the distinct legal tests for will challenges...

The reality is that every case will be decided on its individual facts but a recently reported case sheds light on how the courts view these things.

There are circumstances where a trustee simply no longer wishes to act and wishes to step down.

In many countries, succession laws impose mandatory rules that reserve part of a deceased person's estate for certain family members, typically children and sometimes spouses, regardless of the deceased's wishes. These rules are commonly known as forced heirship and can significantly impact estate planning for internationally mobile families and those with assets in multiple jurisdictions.