Article by Peter Walford
The decision in a recent case before the Monaco Court has caused practitioners to reconsider the effect of Monaco's laws of succession on foreign nationals domiciled in Monaco. This article examines this decision and the influence of Law 214 on the use of trusts.
One important consequence is that a trust established in compliance with Law 214 takes effect regardless of the considerations of Monaco public policy.
The full text of this article can be obtained from the publishers. Articles are provided either as back copies of the relevant issue of the journal containing the article or as photocopies of the issue concerned (depending on availability). A charge of £25 (prepaid, including postage) is made for each issue supplied.
Go to Trusts & Trustees Web Site Click Contact Link
To order this article, e-mail: Click Contact Link
The decision in a recent case before the Monaco Court has caused practitioners to reconsider the effect of Monaco's laws of succession on foreign nationals domiciled in Monaco. This article examines this decision and the influence of Law 214 on the use of trusts.
One important consequence is that a trust established in compliance with Law 214 takes effect regardless of the considerations of Monaco public policy.
The full text of this article can be obtained from the publishers. Articles are provided either as back copies of the relevant issue of the journal containing the article or as photocopies of the issue concerned (depending on availability). A charge of £25 (prepaid, including postage) is made for each issue supplied.
Go to Trusts & Trustees Web Site Click Contact Link
To order this article, e-mail: Click Contact Link
