Mackinnon v Regent Trust Co. [2004] JLR 477 (06 December 2004)

Mackinnon v Regent Trust Co. [2004] JLR 477 (06 December 2004)

A sham trust exists only where there is a common intention of the settlor and trustee to mislead or deceive by not expressing their true intentions in the trust deed.

Citation
[2004] JLR 477
Parties
Applicant: Mackinnon; Respondent: Regent Trust Co.
Jurisdiction
Jersey
Judgment Date
06 December 2004
Procedural Posture
Civil / Judgment
Outcome
Judgment for respondent
Legal Topics
Sham Trusts, Intention of Donor, Trust Deed Interpretation

Case Brief

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Parties

Mackinnon

Applicant

Regent Trust Co.

Respondent

Procedural Posture

Civil / Judgment

  1. 1 What constitutes a sham trust under Jersey law?
  2. 2 Is common intention to mislead or deceive necessary for a trust to be a sham?

Ratio Decidendi

A sham trust exists only where there is a common intention of the settlor and trustee to mislead or deceive by not expressing their true intentions in the trust deed.

Court Disposition

Judgment for respondent