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The Transcontinental Trust: International Forum 2016, “Private Client TransTrust”, just concluded on Tuesday 10th May at the Fairmont Southampton Princess.
There is a wide spread perception that the number of new trusts being created – here and offshore – is reducing. This, combined with increasingly complex (and unnecessary) regulation and transparency requirements, means that it can be foreseen that the market for trust services is likely to contract, leading to less trust disputes.
There has been a concentration of Wealth in NYC, London and Tokyo which now account for 1 in 10 of all homes of the global UHNW population, yet perhaps based on political strain; we have seen a fall in overall numbers in the UK.