Sham Trusts by Jacob C. Jørgensen

Jacob C. Jørgensen, fellow at The Chartered Institute of Arbitrators (CIArb), has made available for download his article, “Sham Trusts.”

Read the Abstract here:

From a settlor’s point of view the major disadvantage of creating a trust is that he or she will have to transfer the legal ownership of and thus the control over the trust property to a trustee in order to enjoy the benefits, which a trust offers in relation to creditor protection, tax planning, estate planning, etc. It is therefore not surprising that most of the case law on sham trusts concerns how trustees and settlors have attempted to circumvent this fundamental legal requirement in the contractual relationship between them. This article by Jacob C. Jørgensen examines under which conditions a trust may be successfully challenged as a sham.

Download the article here: Sham Trusts by Jacob C. Jørgensen

Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s