Variation of Offshore Trusts - A Practical Guide

Introduction

There are myriad reasons why it might be necessary to vary the terms of a trust: more efficient administration, deficiencies in the original drafting or restructuring to better meet the needs of the beneficiaries.

Whatever the reason, there are different ways to achieve a variation (which can materially differ depending on the relevant governing law of the trust).

This webinar led by an offshore lawyer, will explore those routes including those that do not require recourse to a court process.

What You Will Learn

The webinar will cover the following:

• Why it can become necessary to vary the terms of a trust
• The relevance of governing law
• Mechanisms to vary a trust:
• Out of court
• Using a court process
• The procedural and evidence required for court applications to vary