Letters

摘要

Sir - You were naive to call for a public registry of trusts ("Mistrust the trusts", November 9th). Unlike companies, trusts are based on relationships. Their motives, drafting and features vary case by case, such as in relation to under-age or handicapped heirs or because of family differences, and so they are entitled to privacy. Your article clearly had no idea of the huge numbers and different types of trusts and their purposes, having only listened to a lobby group that considers them to be one of the great problems in the global tax system.