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Essay Details:
Essay text:
The choice must be express or be implied in the terms
of the instrument creating or the writing evidencing the trust, interpreted, if necessary, in the light of the
circumstances of the case.
Where the law chosen under the previous paragraph does not provide for trusts or the category of trust involved,
the choice shall not be effective and the law specified in Article 7 shall apply.
Article 7
Where no applicable law has been chosen, a trust shall be governed by the law with which it is most closely
connected.
In ascertaining the law with which a trust is most closely connected reference shall be made in particular to ?
a) the place of administration of the trust designated by the settlor;
b) the situs of the assets of the trust;
c) the place of residence or business of the trustee;
d) the objects of the trust and the places where they are to be fulfilled...
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