Wills & Trusts Law Reports | Summer 2022 #187W was the founder of WBL, an internationally renowned publisher of children’s books. In 1989 W instructed solicitors to create an employee trust (WBET) for WBL and transferred 51% of the WBL shares into WBET. The remainder of the shares were divided amongst family trusts established by W.
W died in 1991 and the shares in WBL held by the family trusts were distributed to employees and officers of WBL through a qualifying employee share ownership trust and a share incentive plan. Some of those shares were acquired from employees by the WBL Employee Share Ownership Plan (ESOP).
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Suzanne Todd and Sarfraz Ali study the recent approach of the English and Italian judiciary to societal changes ‘While the tide may be turning, recent decisions in England and in Italy have not, as some may have hoped, sounded the death knell for joint lives maintenance orders.’ Scan any family law report, article or other …
Continue reading "Periodical payments: Unclear path"
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Alison Craggs sets out important points to consider when advising a transgender client ‘Under s15 of the GRA, the fact that a person’s gender has changed does not affect the disposal or devolution of property under a will or other instrument made before 4 April 2005. However, the disposal or devolution of property under a …
Continue reading "Wills: Gender balance"
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Emma Willing suggests that the Supreme Court declaration of incompatibility in relation to civil partnerships is just the start of a very necessary process of change ‘When Parliament enacted M(SSC)A 2013, the government should have eliminated the inequality immediately, by either abolishing civil partnerships or by extending them to different-sex couples.’ In 2014, Rebecca Steinfeld …
Continue reading "Civil partnership: Opening up the options"
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