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Maroc Maroc - HARNEYS.COM - A La Une - 04/Mar 12:25

Cayman Islands: Sky-high standards in STAR trusts

Since their introduction, Cayman STAR (Special Trust-Alternative Regime) trusts have been known for their innovative approach to longstanding trust law principles, and this applies also to the key roles contained in them: trustees, enforcers and (to a lesser extent) beneficiaries. In this article, we shall focus in on the STAR understanding and developments in these roles, with our watch-phrase coming from a seminal article from Antony Duckworth: ‘Under STAR the trust is a matter of obligation, not ownership’ ((1841) Cr & Ph. 240).

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