‘Trusts: Weapons of Mass Injustice?’ A Response to the Critics
23 Pages Posted: 29 Sep 2017
Date Written: September 25, 2017
An editorial by the publication Trusts and Trustees and a paper by Jersey Finance criticised our paper “Trusts: Weapons of Mass Injustice?”, in particular regarding trust registration requirements and publicity, evidence on the abuse of trusts and whether current laws already address all potential abuses involving trusts. This paper offers a response to these criticisms and adds more examples on the involvement of trusts in grand corruption cases as well as comments about the legitimacy of using trusts to avoid taxes.
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