Introduction

2017 ◽  
Author(s):  
Paolo Panico
Keyword(s):  
British Empire ◽  
Legal Tradition ◽  
Estate Planning ◽  
Wealth Management

The English legal genius that attached an obligation of conscience to the title to property brought into being what Frederick Maitland famously described as ‘perhaps the greatest and most distinctive achievement of English lawyers’. Since their first medieval appearance as ‘uses’, trusts have established themselves as the main estate planning and wealth management arrangement of the western legal tradition. Trusts succeeded in withstanding a fatal attempt to legislate them out of existence under King Henry VIII’s Statute of Uses of 1535. They subsequently spread across five continents following the expansion of the British Empire: indeed, ‘trusts’—along with ‘trade’ and ‘tea’—were one of the ‘three Ts’ traditionally associated with British civilization.

The German family foundation: concept, legal framework, and taxation

2020 ◽  
Vol 26 (6) ◽  
pp. 534-541
Author(s):  
Maximilian Haag ◽  
Michael Tischendorf
Keyword(s):  
Common Good ◽  
Legal Framework ◽  
Estate Planning ◽  
Non Profit ◽  
Wealth Management ◽  
German Family ◽  
Asset Protection ◽  
The Common ◽  
Business Succession ◽  
Family Foundations

Abstract Most German foundations serve the common good. Nevertheless, setting up a private foundation in Germany has proven to be a valuable instrument in private wealth management and estate planning. About 5% of all German foundations are the so-called family foundations with the purpose of serving the interests of one or more families. There are numerous possible areas of application, such as business succession, asset protection, estate planning, and/or use of tax advantages. This article is intended to describe the concept of the German family foundation, its establishment, constitution, and termination, as well as its taxation, in order to provide an overview of its advantages, disadvantages, and possible applications. The German non-profit foundation shall not be discussed.

scholarly journals Wakaf Zurri: Instrumen Pengurusan Harta dalam Pembangunan Tamadun Islam

2021 ◽  
Vol 16 (1) ◽  
pp. 139-152
Author(s):  
Sri Wahyu Sakina Ahmad Sanusi ◽  
Salmy Edawati Yaacob ◽  
Mohd Fairuz Md Salleh
Keyword(s):  
Content Analysis ◽  
Estate Planning ◽  
Wealth Management ◽  
Management Procedures ◽  
Current Alternative ◽  
The Future ◽  
Qualitative Nature

Zurri waqf stands as an alternative for estate planning upon the death of one’s parents. Despite having current alternative such as will writing, faraid and hibah, zurri waqf is viable as instrument to distribute wealth to the loved ones. Data given by Jabatan Ketua Pengarah Tanah dan Galian (JKPTG) in 2019 shows a total of RM60 billion of unclaimed property had been recorded. Amongst of the causes are; absence of will writing and little knowledge of wealth management from the heirs. Thus, zurri waqf stand as one mechanism which can be practiced to assist the parentless child in surviving their lifes. Therefore, the objective of this study is to identify the zurri waqf instrument as an estate planning and to identify the zurri waqf management procedures in Malaysia. This study is a qualitative nature in the form of interview and content analysis. This paper benefits readers and researchers involved in gaining more knowledge about zurri waqf as a suitable instrument for the estate planning of Muslim property such as land cultivated as agriculture and involving the participation of beneficiaries in waqf assets development that can bring significant impact in the future. In addition, the zurri waqf management procedures need to be improved in order to encourage its implementation in the future.

scholarly journals What Influence Muslims to Make Wills?: Insights into its Determinants

2019 ◽  
Vol 16 (1) ◽  
pp. 37-52
Author(s):  
Norazlina Abd Wahab ◽  
Suraiya Hashim ◽  
Nur Amalina Abd Ghani
Keyword(s):  
Monthly Income ◽  
Institutional Factor ◽  
Estate Planning ◽  
Male And Female ◽  
Educational Levels ◽  
Income Levels ◽  
Wealth Management ◽  
Significant Difference ◽  
Level Of Knowledge ◽  
The Government

The aim of this study is to investigate factors that influence the practice of making will among Muslims in Malaysia. In Malaysia, it can be noted that some progress towards enhancing Islamic estate planning has taken place, particularly in the practice of Islamic will. Islamic estate planning industry in Malaysia has grown and now offers a variety kind of products to facilitate Malaysian Muslims to manage and improve their estate planning matters. Nevertheless, the value of unclaimed and frozen assets in this country keeps growing annually. Hence, this study aims to look at the practice of making wills in Malaysia and investigate factors that influence Muslims to do it. Using a quantitative analysis, a total of 338 questionnaires were used to achieve the objective. The method of analysis employed in this study include Independent Sample T-Test, One-Way Analysis of Variance (ANOVA), Pearson and Correlation as well as Multiple Regression. The results of this study indicate that there is a significant difference between gender (male and female), educational levels and monthly income levels towards Islamic will practice. Nevertheless, only ethnicity showed no significant difference towards Islamic will practice. The correlation analysis showed a significant and positive correlation between knowledge, wealth management, institutional factor and religiosity toward Islamic will practice. The results show that knowledge and wealth management are the main variables that influence Muslims towards Islamic will practice. This explains that higher level of knowledge and wealth management among Muslims will lead to a higher practice of Islamic will. These results suggest that the government and Islamic estate planning industry should put a greater emphasis on attracting and educate Muslims to manage and plan their wealth well during their lifetime.

Meteorology in the British Empire

1905 ◽  
Vol 59 (1521supp) ◽  
pp. 24373-24374
Author(s):  
John Eliot
Keyword(s):  
British Empire

Estate Planning

EDIS ◽  
1969 ◽  
Vol 2002 (6) ◽  
Author(s):  
Josephine Turner ◽  
Vervil Mitchell
Keyword(s):  
Cooperative Extension ◽  
Cooperative Extension Service ◽  
Extension Service ◽  
Publication Date ◽  
Estate Planning ◽  
University Of Florida ◽  
Agricultural Sciences

This document is FCS 7027, one of a series of the Department of Family, Youth and Community Sciences, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida. Publication date: September 2002. First published: July 1978. Revised: September 2002. https://edis.ifas.ufl.edu/fy446

Policing the British Empire on the Bund: The Origin of the Sikh Police Unit in Shanghai

2017 ◽  
Vol 10 (1) ◽  
pp. 53-73
Author(s):  
Cao Yin
Keyword(s):  
Hong Kong ◽  
British Empire ◽  
Police Officers ◽  
Reference Point ◽  
Police Force ◽  
Imperial History ◽  
Municipal Police ◽  
British Colonial ◽  
British Colonies ◽  
Modern Shanghai

Red-turbaned Sikh policemen have long been viewed as symbols of the cosmopolitan feature of modern Shanghai. However, the origin of the Sikh police unit in the Shanghai Municipal Police has not been seriously investigated. This article argues that the circulation of police officers, policing knowledge, and information in the British colonial network and the circulation of the idea of taking Hong Kong as the reference point amongst Shanghailanders from the 1850s to the 1880s played important role in the establishment of the Sikh police force in the International Settlement of Shanghai. Furthermore, by highlighting the translocal connections and interactions amongst British colonies and settlements, this study tries to break the metropole-colony binary in imperial history studies.

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