Governing Law vs. Jurisdiction: The SBA Secret

Podcast: Offshore Tax with HTJ.tax · htjtax

Opublikowano: 2026-10-10

Governing Law vs. Jurisdiction: The SBA Secret This is one of the most common mistakes people make when discussing international trusts: Governing law and jurisdiction are not the same thing. A trust can be governed by SBA law without that, by itself, giving an SBA court jurisdiction over every dispute involving the trust. That distinction is fundamental. 1. What does “governing law” mean? The governing-law clause in a trust deed determines which legal system governs the interpretation and substantive operation of the trust. For example, a deed...