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Some non-US trust jurisdictions may not recognize the revocable inter vivos trust | Charles E. Rounds, Jr.


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A note of caution: Not all trust jurisdictions have been receptive to the concept of a “revocable” inter vivos trust: “For example, trusts with assets and objects totally under the control of the settlor until death or incapacity may well be held invalid in the common-law jurisdictions of England, New Zealand, Australia, and Canada (omitting Quebec, as a civil law province)….Courts in those countries, like early cases in this country … may conclude that no trust can come into existence until such extensive settlor control is removed, characterizing the arrangement as “testamentary” or as an agency rather than a trust relationship.” Restatement (Third) of Trusts §74, Reporter’s Notes. See generally §9.9.2 of Loring and Rounds: A Trustee’s Handbook (discussing the differences between a trust and an agency). Take Webb v. Webb [2020] UKPC 22, a Cook Island trust under which the settlor had “reserv ....

Cook Island , New Zealand , Hague Convention , Judicial Committee Of The Privy Council , Take Webb , Judicial Committee , Privy Council , Law Applicable , Their Recognition , சமைக்கவும் தீவு , புதியது ஜீலாந்து , ஹேக் மாநாடு , நீதித்துறை குழு ஆஃப் தி பிரிவி சபை , நீதித்துறை குழு , பிரிவி சபை , சட்டம் பொருந்தும் , அவர்களது அங்கீகாரம் ,