Not such massively discretionary trusts: Proper purposes doctrine and protectors as means of control
Innovation in drafting trust deeds has been central to international trust practice resulting in the discretionary trusts being the norm in modern wealth management. In a seminal article, Lionel Smith observes that these trust drafting practices have ‘led to an increase in the dispositive discretion...
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Main Authors: | YIP, Man, TANG, Hang Wu |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2024
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Online Access: | https://ink.library.smu.edu.sg/sol_research/4500 https://ink.library.smu.edu.sg/context/sol_research/article/6458/viewcontent/Not_such_massively_discretionary_trusts_Proper_purposes_doctrine_and_protectors_as_means_of_control.pdf |
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Institution: | Singapore Management University |
Language: | English |
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