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Home / Simons-Taxes /IHT, trusts and estates /Part I5 Settled property /Division I5.12 Income tax and CGT for non-resident settlements /Effect of foreign law on settlements / I5.1210 Determining the law applying to settlements
Commentary

I5.1210 Determining the law applying to settlements

IHT, trusts and estates

I5.1210 Determining the law applying to settlements

A trust is generally governed by the law chosen by the settlor, either expressly or impliedly in the trust instrument. Where the settlor does not choose the law, or the law that has been chosen does not provide for trusts, the trust is governed by the law with which it is most closely connected (see I5.802)1 (for example by reference to the place of the trust administration or the situs of the trust assets). This is known as the proper law of the trust,

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