Searching Content indexed under Trusts by Harneys ordered by Published Date Descending.
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Investment Funds In The Cayman Islands - May 2017
The Cayman Islands is the leading jurisdiction for the offshore investment funds industry due to its combination of flexible and appropriate regulation, an approachable and effective regulator...
Cayman Islands
19 Jun 2017
New Revision Of Trusts Legislation In Cayman
Along with provisions addressing certain powers and the appointment and discharge of trustees, the Amendment Law introduced a number of retrospective provisions with the objective...
Cayman Islands
16 Jun 2017
Exempted Limited Partnerships In The Cayman Islands
The Exempted Limited Partnership Law (the ELP Law) governs the formation of exempted limited partnerships (ELPs) in the Cayman Islands.
Cayman Islands
15 May 2017
LATAM Focus: Litigating Trusts Disputes In The BVI
The British Virgin Islands has long been hailed as a leading offshore jurisdiction for wealth management and asset protection amongst Latin American high net worth families and individuals.
British Virgin Islands
20 Apr 2017
Purpose Trusts: An Overview
Under most jurisdictions, unless a trust is established for charitable purposes, the assets require to be held for a specific beneficiary or class of beneficiaries.
British Virgin Islands
13 Mar 2017
Succession Planning For Your BVI Company Shares
Where the owner of a BVI company dies, his/her interest in shares in a BVI company cannot be validly transmitted to his/her heirs until the appropriate grant (of probate, letters of administration...
British Virgin Islands
7 Mar 2017
BVI Trusts: An Overview
A trust is a legal relationship created when a person (the settlor) places assets under the control of another person (the trustee) for the benefit of specified persons (the beneficiaries) or for specified purposes.
British Virgin Islands
7 Mar 2017
One Last Chance To Take Advantage Of Offshore Trusts?
The clock is ticking towards April 2017 when the new rules affecting the status of non-domiciled but UK resident individuals as set out in Finance Bill 2017 will take full force and effect.
British Virgin Islands
7 Mar 2017
VISTA Trusts – An Overview
The VISTA regime was introduced as a solution to what is commonly referred to as 'the prudent investor problem'.
British Virgin Islands
7 Mar 2017
Private Wealth Structuring In The BVI
The rise in the number of global HNWIs has seen an increase in demand for lifestyle assets such as yachts, art work, prime real estate and private jets.
British Virgin Islands
13 Dec 2016
New Trusts Legislation In Cayman
The Trusts (Amendment) Law 2016 (the Amendment Law) was gazetted on 23 November 2016 and has amended and modernised the current Cayman Islands Trusts Law (2011 Revision).
British Virgin Islands
29 Nov 2016
Is It Time To Push The Envelope (Or Unwind The Trust)?
The clock is ticking towards April 2017 when the UK Government intends to implement the proposals outlined at the Summer Budget on 8 July 2015 on new inheritance tax (IHT) rules on residential property in the United Kingdom...
17 Mar 2016
For The Record: A Review Of The British Virgin Islands Trustee (Amendment) Act, 2015
On 30 March 2015 a new section (the New Section) relating to trustees' obligations to maintain trust records was inserted into the British Virgin Islands' (BVI) Trustee Ordinance.
British Virgin Islands
19 May 2015
CIMA: Proposed Changes To Outsourcing Arrangements For Funds Service Providers
The Cayman Islands Monetary Authority ("CIMA") has recently released a draft Statement of Guidance: Outsourcing All Regulated Entities (Excluding Regulated Mutual Funds) ("SOG") and Consultation Paper ("Paper").
Cayman Islands
4 May 2015
Hastings-Bass And Mistake: Should The BVI Follow Jersey's Example?
On 25 October 2013 the States of Jersey introduced never before seen statutory provisions which seek to clarify, as a matter of Jersey law, the existence and nature of the Hastings-Bass principle and the doctrine which allows the partial or complete set-aside of dispositions of property into trust and the exercise of trust powers which are made under a 'mistake'.
British Virgin Islands
25 Aug 2014
New Amendments Keep BVI Trusts At Cutting Edge
New legislation has been recently enacted to further refine the trust legislation, especially the use of Private Trust Companies and VISTA trusts, which will help to ensure that BVI remains at the cutting edge of international trust planning and a jurisdiction of choice for high net worth families from around the globe.
British Virgin Islands
9 Jun 2013
Changes To BVI Trust Legislation – Fine-Tuning The Law To Promote Flexibility
The British Virgin Islands is a well respected and sophisticated jurisdiction for the establishment of trusts.
British Virgin Islands
5 Jun 2013
BVI Trusts: Private Trust Companies
A discussion on the possibility to establish a Private Trust Company in BVI, which may act as trustee of trusts without the need to obtain a BVI trust licence as long as certain conditions are satisfied.
British Virgin Islands
25 Feb 2013
BVI Trusts: Vista Trusts
A discussion on the Virgin Islands Special Trusts Act, which was introduced in order to allow a shareholder to establish a BVI trust over a BVI company which disengages the trustee from administrative and managerial responsibility in relation to the BVI company.
British Virgin Islands
25 Feb 2013
Cayman Trusts: Star Trusts
With the development of legislation in a number of offshore jurisdictions to allow for non-charitable purpose trusts, the Caymans Islands introduced the Special Trusts Law 1997, to allow for the establishment of STAR Trusts.
British Virgin Islands
25 Feb 2013
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