Private Wealth and Trust Disputes Notes
Tag: private wealth and trusts
Showing 12 out of 32 results
Court of Appeal overturns High Court decision in Cowan v Foreman to grant permission to bring claim for financial provision under the Inheritance (Provision for Family and Dependants) Act 1975 17 months out of time
In the recent decision in Cowan v Foreman [2019] EWCA 1336 the Court of Appeal overturned the first instance decision and granted permission to the …
High Court refuses permission to bring out of time application under section 4 of the Inheritance (Provision for Family and Dependants) Act 1975 in Hendry v Hendry & Pertiwi [2019] EWHC 1976 (Ch)
In the latest in a series of decisions on out of time claims, the High Court refused permission to bring an out of time claim under the Inheritance …
Cayman courts emphasise the importance of Beddoe relief and its availability in situations where a third party claim is for an amount greater than the Trust assets.
In the case of X (as Trustee of the A Trust) v Y (beneficiary of the A Trust)[1], the court reiterated the importance for Trustees of seeking Beddoe …
HKMA and PWMA in Hong Kong collaborate to develop a Treat Customers Fairly Charter for the PWM industry
On 8 June 2017, the Hong Kong Monetary Authority (HKMA) announced that it has been working together with the Private Wealth Management Association to …
OPEN LETTERS REVEAL DISPUTE OVER THE ESTATE OF THE FORMER SINGAPOREAN PRIME MINISTER
On 23 March 2015, Lee Kuan Yew (LKY), the former Prime Minister of Singapore (and father of the current Prime Minister of Singapore, Lee Hsien Loong …
Court resolves dispute between parties as to who should hold the power to appoint trustees following settlor's death
The English High Court has recently approved an application to change the provision of a trust deed relating to the appointment of new trustees.[1] The …
Wills interpreted according to their ordinary and natural meaning despite this not reflecting testators' intention
The English High Court has recently held that, in a case concerning construction of Wills, the ordinary and natural meaning of survivorship clauses …
Widow removed as administratrix after persistent breaches in administering the estate
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Akers v Samba: Trusts over foreign assets
The UK Supreme Court has held that the extinction of a company's beneficial interest under a trust on the transfer of an asset by the trustee to a bona …
Deceased's "husband" and daughter both unable to obtain letters of administration
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Hong Kong Court of Appeal affirms law on express, constructive and resulting trust
The Hong Kong Court of Appeal ("CA") in Ip Fung Kuen v Sam Kee Frozen Meat Co Ltd and others (CACV 107/2016) recently affirmed the well-established …
Judge sentenced to six months' jail by Nottingham Crown Court for forgery of a will and fraud
A former solicitor and disability claims tribunal judge, and her husband, forged a will and letter to obtain two adjacent cottages in order to create …
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