Know your Trusts: Bare Trusts

No longer just a matter of social equity, the presence of women in boardrooms is now proving to be a demonstrable driver of financial success among FTSE 100 companies. As these organisations embrace gender-balanced leadership, they are reaping measurable financial rewards that underscore the importance of inclusivity at the top. With the rewards now tangible, will we see small organisations make the push needed for greater gender diversity in the boardroom?

Although most never reach a final hearing at court, the number of will-related disputes is growing year on year. Contesting a will is rarely straightforward: it is a complicated legal process requiring careful management and is often emotionally and financially draining. This article endeavours to explain the practical considerations of this type of litigation and how to minimise the attendant risks.

Both proprietary and promissory estoppel are legal doctrines designed to stop a party from reneging on a promise that they have made to another party which has relied on that promise to their detriment. Proprietary estoppel is primarily concerned with land and property, whereas promissory estoppel claims concern other assets and are usually associated with an adjustment of a pre-existing contractual relationship between parties.