STEP Journal - March 2018

Welcome to the March issue of the STEP Journal which has a regional focus on the Crown Dependencies and an issue focus on family business

Welcome to the March issue of the STEP Journal which has a regional focus on the Crown Dependencies and an issue focus on family business. This issue examines the challenges for practitioners as the Crown Dependencies align with global transparency and anti-abuse policies. It also explores how modern wealth structuring can help families maintain control through generations; considers the treatment and protection of unique movable assets in a trust; and takes an in-depth look at a recent Hong Kong trust judgment on legitimate expectation and assess the lessons for practitioners.