Family Court approves Practice Direction for STEP Standard Provisions

The Society of Trust and Estate Practitioners (STEP) is pleased to announce that a Practice Direction has now been issued by the Senior District Judge of the Family Division for the STEP Standard Provisions second edition. The STEP Standard Provisions provide an easy way for will-drafting professionals in England and Wales to incorporate provisions that…

STEP Benelux Hears BIL Economic Oulook: US Dollar Investment

The newly-formed STEP Benelux asbl (Society of Trust and Estate Practitioners) met earlier today at the premises of BIL with its CIO, Yves Kuhn, making a presentation on the topic of “Financial Strategy – the Triumph of the Crisis?” This year, the US is coming out of recession while the Eurozone economy has re-entered recession…

LSB misses opportunity to protect consumers in estate administration market

The Society of Trust and Estate Practitioners (STEP) has welcomed the news that the Legal Services Board (LSB) is to recommend to the Lord Chancellor that will-writing activities should be made subject to regulation. However, STEP said that the omission of a similar recommendation for the regulation of estate administration activities represents a lost opportunity…

STEP Jersey to celebrate its 20th anniversary

The Society of Trust and Estate Practitioners (STEP) has welcomed the news that the Legal Services Board (LSB) is to recommend to the Lord Chancellor that will-writing activities should be made subject to regulation. However, STEP said that the omission of a similar recommendation for the regulation of estate administration activities represents a lost opportunity…

STEP Chair makes first official engagement in Barbados

New STEP Chair Hélène Anne Lewis made her debut engagement at STEP Barbados’ Christmas event held in Bridgetown in December. STEP Barbados Chair Keisha N Hyde Porchetta, who is Senior Associate with Harridyal-Sodha & Associates, said it was an honour and a privilege to welcome Lewis. ‘Foremost for me and the executive members of the…

STEP announces appointments to the Trustee Managed Portfolio Indices Oversight Board

The Society of Trust and Estate Practitioners (STEP) has today announced the appointment of the STEP Trustee Managed Portfolio Indices (TMPI) Oversight Board members. STEP is delighted to announce the appointment of the following practitioners to the TMPI Oversight Board: Paul Stibbard TEP – Rothschild Trust Group David Kilshaw TEP – KPMG Julian Hayden TEP…

A REASON TO CELEBRATE: LUXEMBOURG STEPS FORWARD WITH A BENELUX LAUNCH

STEP BENELUX A.s.b.l. was formally incorporated in Luxembourg further to a meeting of STEP members from Luxembourg, Belgium and the Netherlands on 7 November 2012. We are delighted to announce that during the formation party, Luca Tomasi, Director, HSBC Private Banking Luxembourg and Head of the International Services desk team, was elected Chairman of the…

Deputy Chairs elected for 2013

STEP’s Council has voted on its Deputy Chairs for the coming year. Nick Jacob (London) and John Lawrence (Bahamas) have been re-elected for the third and second time, respectively, and Margaret O’Sullivan (Toronto) steps up for her first term. All three members have served on STEP’s Board of Directors since its inception at the end…

STEP Tasmania Chapter launches

Former Governor of Tasmania and previous Chief Justice of the Supreme Court The Honorable William Cox AC officially launched STEP Tasmania, the Society’s latest chapter, in Hobart last Thursday. Chair of STEP New South Wales and STEP Australia David Russell QC TEP presented a paper about the Hague Trust Convention in Australia, which the chapter’s Deputy…