Some non-US trust jurisdictions may not recognize the revocable inter vivos trust
By EsqSocial Corporation 13/05/21
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...
By: Charles E. Rounds, Jr.