Ed. Alon Kaplan. As globalisation continues, the new financial centres and emerging trust jurisdictions in Asia, where much wealth is now generated, are seeking to capture a share of the lucrative private banking, estate and tax planning market. This phenomenon has created new opportunities for practitioners, who are able to operate in trust jurisdictions that did not exist a few years ago. Growth continues in the traditional trust jurisdictions, especially in civil law jurisdictions where trusts have previously been used in a limited capacity. In parallel, the concept of the foundation has been adopted by a number of common law jurisdictions that until now have relied exclusively on the trust. The third edition of Trusts in Prime Jurisdictions features fully updated chapters along with new chapters on the Austrian Foundation, Jersey, Jersey Foundations, Quebec, What it means to be a fiduciary, Waqf Moslem trust and Trusts and Divorce, among others.The new edition, produced in association with the Society of Trust and Estate Practitioners (STEP), provides a solid grounding about the use of trusts in 20 important jurisdictions. It also examines related topics, including the taxation of trusts, anti-money laundering laws and the notion that states are entitled to collect taxes beyond their borders. Featuring chapters by more than 45 leading professionals and recognised academics, many of whom are STEP members, the third edition of Trusts in Prime Jurisdictions is an important handbook for all lawyers, trust practitioners and banking professionals working in the field.