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Private purpose trusts: a reform proposal

Pawlowski, Mark (2007) Private purpose trusts: a reform proposal. Conveyancer and Property Lawyer, September/October. 440 - 455. ISSN 0010-8200

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Abstract

Argues for the introduction of statutory reform to enable valid private purpose trusts to be created by those wishing to make testamentary gifts for non-charitable purposes, with no human beneficiary. Examines the rationale employed in cases where the validity of a private purpose trust has been upheld despite the absence of a human beneficiary. Considers the approaches adopted by five offshore jurisdictions when introducing purpose trust legislation. Identifies key features to be included in any new purpose trust legislation introduced in the UK.

Item Type: Article
Uncontrolled Keywords: beneficiaries, legislation, non-charitable purpose trusts, offshore trusts, validity,
Subjects: K Law > KD England and Wales
H Social Sciences > HD Industries. Land use. Labor
School / Department / Research Groups: School of Humanities & Social Sciences > Law & Criminology Research Group
School of Humanities & Social Sciences
School of Humanities & Social Sciences > Department of Law & Criminology
Related URLs:
Last Modified: 31 Mar 2011 18:20
URI: http://gala.gre.ac.uk/id/eprint/1394

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