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Reforms to Isle of Man trust law are being introduced under the Trusts (Amendment) Act 2015 expected to become operational on June 16 2015.

Equity incentive plans provide businesses with an effective mechanism to attract, motivate, and retain high-performing employees while aligning their interests with those of shareholders and continue to be an important component of modern remuneration strategies.

The Isle of Man offers wealthy families a politically stable, well-regulated and practical base in which to establish wealth and business succession planning structures. Modern and robust legislation, high-quality professional advisers and service providers, and a reputation for cost-effectiveness, all contribute to the island's attractiveness as a trusts jurisdiction.

Once appointed, a Trustee is subject to a number of duties. A Trustee's overriding duty is to act in the best interests of the beneficiaries of the Trust.

The doctrine of the three certainties—certainty of intention, subject matter, and objects—is essential for a valid Trust. These ensure clear intent, identifiable Trust property, and definite Beneficiaries. Without them, a Trust may fail, causing legal, tax, and Beneficiary rights issues. Professional Trustees can help ensure compliance and proper Trust constitution.

People often say that a Foundation is the civil law alternative to a Trust; but what does this mean? What does a Foundation offer your clients that a Trust cannot?

This is a brief guide to the services provided by Dixcart Management (IOM) Ltd regarding the formation and administration of Trusts.

This series considers the key elements of Offshore Trusts, particularly Isle of Man Trusts. This is the second of three articles, which examines some of the most common types of Offshore Trusts and their uses.

Trustees play a crucial role in safeguarding the interests of those they serve but when it comes to vulnerable beneficiaries, the responsibility extends beyond standard fiduciary duties.

This Article briefly summarises the potential advantages of an Employee Ownership Trust ("EOT"), and why the use of an Isle of Man Trustee could be beneficial.

Reforming the UK's Non-Domicile tax regime is an objective contained within the Labour Party's policy platform.

The Trustee Act 2001 (an Act of Tynwald) (the "Act") was enacted in an attempt to satisfy criticism of certain aspects of trust law as it then stood.

For ultra-high-net-worth individuals (UHNWIs) and families, particularly those in the MENA region, when it comes to preserving family wealth, control isn't about micromanagement, it's about confidence.

In this series we will examine the key elements of Offshore Trusts, taking a particular interest in Isle of Man Trusts. This is the first of three articles, and one that lays the foundation that we will build upon.

Establishing an effective Offshore Trust that is both operationally sound and achieves the Settlor's objectives is of paramount importance, but can be fraught with pitfalls.

It is becoming increasingly common for parties to matrimonial litigation to seek cross border recognition and/or enforcement of financial orders.

The use of trusts in wealth management and estate planning means transferring legal control of trust assets to a third party, namely the trustee of the trust.