Hague Trust Convention
http://dbpedia.org/resource/Hague_Trust_Convention an entity of type: Agent
Das Übereinkommen über das auf Trusts anzuwendende Recht und über ihre Anerkennung (kurz: Haager Trustübereinkommen, HTÜ) wurde am 1. Juli 1985 in Den Haag abgeschlossen.
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The Hague Convention on the Law Applicable to Trusts and on their Recognition, or Hague Trust Convention is a multilateral treaty developed by the Hague Conference on Private International Law on the Law Applicable to Trusts. It concluded on 1 July 1985, entered into force 1 January 1992, and is as of September 2017 ratified by 14 countries. The Convention uses a harmonised definition of a trust, which is the subject of the convention, and sets Conflict rules for resolving problems in the choice of the applicable law. The key provisions of the Convention are:
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Übereinkommen über das auf Trusts anzuwendende Recht und über ihre Anerkennung
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Hague Trust Convention
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Hague Trust Convention
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4234178
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1036807624
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ratification by 3 states
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Netherlands
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14
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1985-07-01
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French and English
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--07-01
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1992-01-01
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Das Übereinkommen über das auf Trusts anzuwendende Recht und über ihre Anerkennung (kurz: Haager Trustübereinkommen, HTÜ) wurde am 1. Juli 1985 in Den Haag abgeschlossen.
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The Hague Convention on the Law Applicable to Trusts and on their Recognition, or Hague Trust Convention is a multilateral treaty developed by the Hague Conference on Private International Law on the Law Applicable to Trusts. It concluded on 1 July 1985, entered into force 1 January 1992, and is as of September 2017 ratified by 14 countries. The Convention uses a harmonised definition of a trust, which is the subject of the convention, and sets Conflict rules for resolving problems in the choice of the applicable law. The key provisions of the Convention are:
* each party recognises the existence and validity of trusts. However, the Convention only relates to trusts with a written trust instrument. It would not apply trusts which arise (usually in common law jurisdictions) without a written trust instrument.
* the Convention sets out the characteristics of trusts under the convention (even jurisdictions with considerable legal history relating to trusts find this difficult)
* the Convention sets out clear rules for determining the governing law of trusts with a cross border element.
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16065