| Foreword |
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xiii | |
| Preface |
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xiv | |
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xv | |
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xxx | |
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1 Development and Nature of Trusts |
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1 | (19) |
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1 | (1) |
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1 | (1) |
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Reception in the Caribbean |
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2 | (1) |
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2 | (1) |
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3 | (1) |
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Trusts Distinguished From Other Legal Relationships |
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4 | (1) |
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Trusts distinguished from bailment |
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4 | (1) |
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Trusts distinguished from agency |
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4 | (2) |
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Trusts distinguished from contract |
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6 | (3) |
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Trusts distinguished from debt |
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9 | (1) |
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Go-existence of debt and trust |
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10 | (2) |
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Trusts distinguished from powers |
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12 | (6) |
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Trusts distinguished from administration of estates |
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18 | (2) |
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2 Formalities for the Creation of Trusts |
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20 | (11) |
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20 | (1) |
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Property Act 1979, Gap 236, s 60(2) (Barbados) |
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20 | (2) |
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Dispositions of Existing Equitable Interests |
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22 | (1) |
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By Property Act 1979, s 60(3) (Barbados) |
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22 | (1) |
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Direct assignment of equitable interest |
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22 | (1) |
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Direction to trustees to hold upon trust for another |
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23 | (1) |
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Conveyance of legal estate by nominee |
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23 | (1) |
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Declaration of trust with consent of beneficial owner |
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24 | (1) |
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Declaration by equitable owner of himself as trustee |
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24 | (1) |
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Oral contract to assign equitable interest |
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25 | (1) |
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26 | (1) |
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26 | (1) |
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26 | (1) |
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Equity Will Not Allow a Statute To Be Used As An Instrument of Fraud |
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27 | (1) |
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The doctrine of part performance |
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28 | (1) |
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The rule in Rochefoucauld v Boustead |
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29 | (2) |
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31 | (11) |
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Certainty of Words (Or Intention) |
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31 | (4) |
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Certainty of Subject Matter |
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35 | (1) |
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36 | (2) |
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Conceptual (Linguistic or Semantic) Uncertainty and Evidential Difficulty |
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38 | (1) |
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Administrative unworkability and capriciousness |
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38 | (1) |
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Application of the McPhail test |
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39 | (3) |
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42 | (22) |
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Transfer of Legal Title to Trustees |
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42 | (1) |
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Settlor or donor doing everything within his power to transfer |
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43 | (3) |
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Where settlor or donor is equitable owner |
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46 | (1) |
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Declaration of self as trustee |
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47 | (3) |
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50 | (3) |
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Exceptions to the Maxims `Equity Will Not Assist a Volunteer' and `Equity Will Not Perfect An Imperfect Gift' |
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53 | (1) |
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53 | (4) |
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The rule in Strong v Bird |
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57 | (4) |
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61 | (3) |
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5 Secret Trusts and Mutual Wills |
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64 | (13) |
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64 | (1) |
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Communication and acceptance |
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65 | (1) |
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Obligation to hold secret trustee's own property upon trust |
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66 | (2) |
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Obligation to dispose of property by will |
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68 | (1) |
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Bequests to joint tenants and tenants in common |
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68 | (1) |
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Communication of half secret trusts |
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69 | (1) |
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70 | (1) |
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Secret trusts operate outside the will |
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70 | (1) |
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Can a secret trustee claim a benefit under the will? |
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71 | (1) |
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Are secret trusts express or constructive? |
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72 | (1) |
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72 | (1) |
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73 | (1) |
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74 | (1) |
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74 | (1) |
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When does the trust arise? |
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75 | (1) |
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What property is subject to the trust? |
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75 | (2) |
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77 | (21) |
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Automatic Resulting Trusts |
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77 | (1) |
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77 | (1) |
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Surplus remaining after private trust has been carried out |
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78 | (1) |
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Dissolution of unincorporated associations |
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79 | (1) |
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Distribution of surplus among beneficiaries |
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80 | (1) |
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81 | (3) |
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Presumed Resulting Trusts |
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84 | (1) |
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84 | (1) |
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Purchase in the name of another |
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85 | (2) |
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Rebutting the presumption of resulting trust |
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87 | (11) |
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98 | (17) |
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98 | (2) |
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Liability of Strangers to the Trust |
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100 | (1) |
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100 | (1) |
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101 | (2) |
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Contribution to the Acquisition or Improvement of Property |
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103 | (1) |
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104 | (5) |
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109 | (4) |
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113 | (2) |
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8 Non-Charitable Purpose Trusts |
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115 | (6) |
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The Beneficiary Principle |
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115 | (1) |
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116 | (1) |
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Perpetuity and Inalienability |
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117 | (1) |
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118 | (1) |
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118 | (1) |
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119 | (1) |
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Trusts for unincorporated associations |
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119 | (2) |
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121 | (32) |
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Privileges of Charitable Trusts |
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121 | (1) |
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121 | (1) |
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122 | (1) |
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123 | (1) |
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123 | (1) |
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124 | (1) |
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The advancement of education |
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125 | (2) |
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The advancement of religion |
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127 | (2) |
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Other purposes beneficial to the community |
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129 | (3) |
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132 | (1) |
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The Public Benefit Requirement |
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132 | (5) |
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Public benefit in religious organisations |
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137 | (3) |
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Trust Must Be Exclusively Charitable |
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140 | (4) |
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144 | (1) |
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Initial failure and subsequent failure |
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145 | (8) |
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10 Appointment, Retirement and Removal of Trustees |
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153 | (10) |
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153 | (1) |
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153 | (1) |
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Appointment of new trustees |
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154 | (2) |
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Occasions for appointment of new trustees |
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156 | (1) |
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Maximum and minimum numbers |
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157 | (1) |
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158 | (1) |
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Vesting trust property in the trustees |
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159 | (1) |
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160 | (1) |
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Retirement without replacement |
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160 | (1) |
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Retirement under an order of the court |
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160 | (1) |
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161 | (2) |
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163 | (26) |
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Onerous Nature of Trusteeship |
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163 | (1) |
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Duties on the Acceptance of the Trust |
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164 | (1) |
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164 | (1) |
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Duty to Account and to Give Information |
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165 | (1) |
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165 | (1) |
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165 | (9) |
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174 | (1) |
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Trustees' standard of care |
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175 | (1) |
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176 | (2) |
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Duty to Convert and Apportion |
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178 | (1) |
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178 | (1) |
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Hazardous or unauthorised investments |
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178 | (1) |
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179 | (1) |
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179 | (1) |
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179 | (1) |
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Duty Not to Profit From The Trust |
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180 | (1) |
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180 | (3) |
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Trustee purchasing trust property |
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183 | (2) |
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185 | (1) |
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The rule in Keech v Sandford |
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185 | (2) |
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187 | (1) |
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Application to the court for directions |
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187 | (1) |
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187 | (1) |
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187 | (1) |
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Advertisement for claimants |
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188 | (1) |
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189 | (9) |
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189 | (1) |
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190 | (1) |
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Power to Compound Liabilities and Settle Claims |
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191 | (1) |
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192 | (1) |
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Occasions for application |
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192 | (1) |
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193 | (1) |
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193 | (1) |
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194 | (1) |
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195 | (1) |
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195 | (1) |
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195 | (3) |
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198 | (9) |
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198 | (1) |
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199 | (1) |
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199 | (2) |
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Variation of Trusts Act 1958, s 1 and its Caribbean equivalents |
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201 | (4) |
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The intention of the settlor |
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205 | (1) |
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205 | (2) |
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14 Remedies for Breach of Trust |
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207 | (17) |
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207 | (1) |
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Personal Liability Of Trustee |
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208 | (1) |
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209 | (1) |
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209 | (1) |
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210 | (1) |
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210 | (5) |
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Contribution and indemnity |
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215 | (1) |
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216 | (1) |
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217 | (1) |
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217 | (7) |
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15 Offshore Trust Derivatives and Affiliates |
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224 | (10) |
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Purpose Trusts --- Generally |
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225 | (9) |
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16 Settlor Control, Forced Heirship and Asset Protection: Continuing Issues of the Offshore Trust Regime |
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234 | (13) |
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234 | (3) |
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Settlor control at company level: VISTA trusts |
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237 | (2) |
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239 | (1) |
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240 | (3) |
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The Evolving Beneficiary Principle |
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243 | (1) |
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Who can be a beneficiary? |
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243 | (1) |
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Rights of the beneficiary |
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244 | (3) |
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17 Alternatives to the Offshore Trust: The Foundation |
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247 | (10) |
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247 | (1) |
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247 | (1) |
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Maintaining control of a family business |
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248 | (1) |
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248 | (1) |
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Collection of royalties or payments |
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248 | (1) |
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Holding or managing real property |
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249 | (1) |
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Providing security for a lender |
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249 | (1) |
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Avoiding controlled foreign corporation reporting requirements |
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249 | (1) |
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249 | (1) |
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Key Aspects of Foundations |
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250 | (1) |
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Establishment or formation of a foundation |
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250 | (1) |
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Management of the foundation |
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251 | (1) |
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Foundations in the Caribbean |
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251 | (1) |
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Establishment and registration |
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251 | (1) |
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Endowment of assets upon a foundation |
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252 | (1) |
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The council and officers of a foundation |
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252 | (1) |
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252 | (1) |
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Termination and continuation |
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252 | (1) |
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253 | (1) |
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254 | (1) |
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255 | (2) |
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18 Confidentiality and the Regulation of Trust Activity |
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257 | (13) |
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257 | (1) |
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Confidentiality in a Caribbean Context |
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257 | (3) |
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260 | (2) |
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262 | (1) |
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Regulation at the Macro Level |
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263 | (1) |
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The Global Forum on Transparency and Exchange of Information for Tax Purposes |
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264 | (2) |
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266 | (1) |
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267 | (1) |
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`Regulation' At The Micro Level |
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268 | (1) |
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269 | (1) |
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270 | (14) |
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270 | (1) |
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270 | (1) |
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270 | (1) |
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270 | (1) |
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271 | (1) |
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271 | (1) |
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271 | (1) |
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271 | (1) |
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271 | (1) |
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272 | (1) |
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272 | (1) |
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Double Tax Treaties and Trusts |
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272 | (1) |
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273 | (2) |
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Residence as an expanded tax issue |
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275 | (3) |
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International Planning: The American Equation |
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278 | (1) |
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A Canadian Perspective: Treaty-Based Planning |
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279 | (3) |
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A View From The United Kingdom |
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282 | (1) |
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283 | (1) |
| Appendix 1 The Charities Act---Barbados |
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284 | (20) |
| Appendix 2 Know Your Customer Guidelines |
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304 | (34) |
| Appendix 3 Deed of Declaration of Trust (General) |
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338 | (14) |
| Appendix 4 Purpose Trust Deed |
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352 | (21) |
| Appendix 5 Unit Trust Deed |
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373 | (19) |
| Appendix 6 The Asset Protection Trust Deed |
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392 | (18) |
| Appendix 7 Declaration of Time of Division, Trusts, and Appointments |
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410 | (3) |
| Appendix 8 Restatement of Trust Agreement |
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413 | (14) |
| Appendix 9 Model Foundation Charter --- Commonwealth of the Bahamas Foundation Charter |
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427 | (5) |
| Appendix 10 OECD Agreement on Exchange of Information on Tax Matters |
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432 | (31) |
| Appendix 11 Anguilla Foundation Act, 2008 |
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463 | (34) |
| Appendix 12 Revised Regulations of Anguilla: [ ] |
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497 | (22) |
| Index |
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519 | |
Lisainfo e-raamatute kohta