In the Matter of a Trust in favour of Kazuko Lorenz and Alexander Lorenz - Reasons for Decision [2024] CIFSd 65 (03 June 2024)
The court found that the trust was validly constituted and the beneficiaries are entitled to distributions as per the trust instrument.
- Citation
- [2024] CIFSd 65
- Parties
- Beneficiary: Kazuko Lorenz; Beneficiary: Alexander Lorenz
- Jurisdiction
- Cayman Islands
- Judgment Date
- 03 June 2024
- Procedural Posture
- Trust Matter / Reasons for Decision
- Outcome
- trust declared valid; beneficiaries entitled to distributions
- Legal Topics
- Beneficiary Rights, Trust Administration
Case Brief
Summary, issues, holding and outcome
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Parties
Kazuko Lorenz
Beneficiary
Alexander Lorenz
Beneficiary
Procedural Posture
Trust Matter / Reasons for Decision
Legal Issues
- 1 whether the trust is validly constituted in favour of Kazuko Lorenz and Alexander Lorenz
- 2 whether the beneficiaries are entitled to distributions
Ratio Decidendi
The court found that the trust was validly constituted and the beneficiaries are entitled to distributions as per the trust instrument.
Court Disposition
trust declared valid; beneficiaries entitled to distributions
Orders
- trust is validly constituted
- trustee to make distributions to Kazuko Lorenz and Alexander Lorenz as per trust instrument
Full Case Text
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