The English Rule Against Perpetuities, governing how long trusts can be created in England , also Victoria (where I live) and the other places that follow English law, on the point say that a trust can exist for 21 years after the death of the last surviving heir of the English monarch. My guess is that the Republic of Ireland follows th…
The English Rule Against Perpetuities, governing how long trusts can be created in England , also Victoria (where I live) and the other places that follow English law, on the point say that a trust can exist for 21 years after the death of the last surviving heir of the English monarch. My guess is that the Republic of Ireland follows this rule. Ireland has sensational tax laws for foreign businesses.
So my guess is they have shoved the whole thing in a non US trust, and this neuters the power of the DeSantsi board. I think this means that the de Santis board will get the ability to be difficult 21 years after Prince William or Harry's last surviving child dies. That should be a long time off.
The English Rule Against Perpetuities, governing how long trusts can be created in England , also Victoria (where I live) and the other places that follow English law, on the point say that a trust can exist for 21 years after the death of the last surviving heir of the English monarch. My guess is that the Republic of Ireland follows this rule. Ireland has sensational tax laws for foreign businesses.
So my guess is they have shoved the whole thing in a non US trust, and this neuters the power of the DeSantsi board. I think this means that the de Santis board will get the ability to be difficult 21 years after Prince William or Harry's last surviving child dies. That should be a long time off.