Skip links

Tag: General, Company Law, Private Client Tax and Trusts

Beneficial Ownership of Assets Is Hard to Prove – Always Get It in Writing!

Beneficial Ownership of Assets Is Hard to Prove – Always Get It in Writing!

When the real owner of an asset is different from its formal owner, that fact should always be recorded in writing. However, as a High Court case showed, repeated judicial warnings to that effect all too frequently fall on deaf ears. The case concerned a