The trust, a key institution of English and U.S. law, has for decades been spreading to continental European, Asian, and “offshore” legal systems. But recent developments – such as the ongoing struggle between offshore and onshore jurisdictions over the administration and oversight of trusts, and also attempts made by financial service providers to limit their liability concerning trusts – have led to pervasive changes to this legal institution.
What key changes are being made to the trust laws of nations such as China, England, and the United States, and to those of offshore jurisdictions, including the Cayman Islands? What are the social welfare consequences of these changes? Adam Hofri-Winogradow will review the recent changes, unprecedented in their depth, and explain how they are remaking trust funds into what he says are unaccountable, liability-free agglomerations of wealth.
Adam Hofri-Winogradow is an Assistant Professor at the Hebrew University of Jerusalem, Faculty of Law. He is also a member of the Society of Trusts and Estates Practitioners. In Fall 2013, he serves as a Visiting Professor at Georgetown Law Center, as well as at the Centre for Transnational Legal Studies in London. Prof. Hofri-Winogradow holds a B.Mus. degree from Berklee College of Music, an LL.B. and M.A. from Tel-Aviv University, and a D.Phil. from Oxford University.
Please click here to Register.