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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come?
Lloyd Brown,
Andrew Iwobi 
Trusts & Trustees, Start page: ttaf044
Swansea University Authors:
Lloyd Brown, Andrew Iwobi
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© The Author(s) (2025). This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY).
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DOI (Published version): 10.1093/tandt/ttaf044
Abstract
The Trusts and Succession (Scotland) Act 2024 introduces a codified scheme for private purpose trusts into Scots law—a bold and novel development, especially for an ‘onshore’ jurisdiction. This article, intrigued by this legislative innovation, evaluates the 2024 Act’s relevant provisions and consid...
| Published in: | Trusts & Trustees |
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| ISSN: | 1363-1780 1752-2110 |
| Published: |
Oxford University Press (OUP)
2025
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa69637 |
| first_indexed |
2025-06-05T14:48:49Z |
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| last_indexed |
2025-10-17T09:22:32Z |
| id |
cronfa69637 |
| recordtype |
SURis |
| fullrecord |
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2025-10-16T15:31:33.8648424 v2 69637 2025-06-05 Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? 786add39c141818cbb959ce7277bbd69 Lloyd Brown Lloyd Brown true false 609447e665c8e66293f8de3269c6bb5b 0000-0002-5062-5477 Andrew Iwobi Andrew Iwobi true false 2025-06-05 HRCL The Trusts and Succession (Scotland) Act 2024 introduces a codified scheme for private purpose trusts into Scots law—a bold and novel development, especially for an ‘onshore’ jurisdiction. This article, intrigued by this legislative innovation, evaluates the 2024 Act’s relevant provisions and considers whether this might signal a broader trend for England and Wales. It is argued that, despite England’s strict approach to the beneficiary principle, orthodox common law does not and need not prohibit similar statutory reforms. There exists both conceptual and doctrinal flexibility to move beyond current orthodoxies, alongside compelling commercial and practical reasons to do so. Journal Article Trusts & Trustees 0 ttaf044 Oxford University Press (OUP) 1363-1780 1752-2110 20 6 2025 2025-06-20 10.1093/tandt/ttaf044 COLLEGE NANME Hillary Rodham Clinton Law School COLLEGE CODE HRCL Swansea University SU Library paid the OA fee (TA Institutional Deal) Swansea University 2025-10-16T15:31:33.8648424 2025-06-05T15:47:05.8115041 Faculty of Humanities and Social Sciences Hilary Rodham Clinton School of Law Lloyd Brown 1 Andrew Iwobi 0000-0002-5062-5477 2 69637__34567__e89183ba13984657868e4a7d32f7459d.pdf 69637.VOR.pdf 2025-06-24T15:37:16.2198072 Output 1492951 application/pdf Version of Record true © The Author(s) (2025). This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY). true eng https://creativecommons.org/licenses/by/4.0/ |
| title |
Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
| spellingShingle |
Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? Lloyd Brown Andrew Iwobi |
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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
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Private purpose trusts in England and Wales following the trusts and succession (Scotland) Act 2024: a sign of things to come? |
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The Trusts and Succession (Scotland) Act 2024 introduces a codified scheme for private purpose trusts into Scots law—a bold and novel development, especially for an ‘onshore’ jurisdiction. This article, intrigued by this legislative innovation, evaluates the 2024 Act’s relevant provisions and considers whether this might signal a broader trend for England and Wales. It is argued that, despite England’s strict approach to the beneficiary principle, orthodox common law does not and need not prohibit similar statutory reforms. There exists both conceptual and doctrinal flexibility to move beyond current orthodoxies, alongside compelling commercial and practical reasons to do so. |
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2025-06-20T12:30:15Z |
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