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Senior Associate Ashley Fife reminds us not to forget about the benefits of Section 30A of Bermuda's Trustee Act when establishing a trust for entrepreneurial settlors of a unit trust investment fund. Section 30A Trustee Act 1975 represents one of the solutions offered by Bermuda's trust law to provide a settlor or fund manager with flexibility to exert more control over the trust.
Bermuda's Managing Trustee Regime - Don't You Forget About Me By Ashley Fife
Article first published in The Turst and Trustees Journal, October 2015
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.
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