Trusts in Prime Jurisdictions 2Ed.

The use of trusts in the modern, globalised economy is expanding rapidly. Trusts are employed, among many other purposes, for tax and estate planning, to protect assets from political unrest, and to address forced heirship and commercial transaction issues. Since publication of the first edition in 2000, there have been a number of legal and regulatory changes, including accelerated international efforts to fight money laundering and the use of funds by terror organizations. These developments, as well as the passing of six years since its first publication, have necessitated a thorough revision of the book's original contents and the addition of several entirely new topical chapters and a number of new jurisdictions. Trusts in Prime Jurisdictions, Second Edition features analysis from 19 jurisdictions where trusts are part of the economic and legal landscape. The book contains 30 chapters, contributed by practitioners and academics - many of whom are members of the Society of Trust and Estate Practitioners - on various aspects of trust law, taxation and related subjects, both on and offshore. The work is an invaluable resource for the specialist practitioner wishing to gain a broader, international perspective, and for professionals who require a good basic knowledge of the subject.