Sham Trusts

Author: Philip Laidlow (2000)

Philip Laidlow – Halliwell Landau
(taken from Isssue No 12 – July 2000)

This article looks at so called sham trusts. I have read elsewhere the view that the percentage of sham trusts is high. In the Trusts & Estates 1999 Legalease Special Report, at p.26, Catriona Syed, wrote,

`It is impossible to estimate how many sham trusts are currently in existence. Estimates vary from 50% to 80% of all trusts.`

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