Estate planning for high net worth clients is increasingly a cross-border exercise: with personal and business interests spanning the globe, close attention must be paid to the rules of succession that apply on the passing of family members
As a British Overseas Territory, the Cayman Islands has a very strong connection to England, and it is common for lawyers to be instructed to assist with the administration of an estate comprising assets located across both jurisdictions.
Please download our guide prepared in collaboration with Geoff Kertesz and Catriona Abraham of Stewarts, in which we compare the different laws, procedures, and considerations to be taken into account when assisting with the establishment of a succession plan, drafting wills, and obtaining grants of probate or letters of administration across our borders.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.