Share Trusts

Harneys Services / Fiduciary Services / Share Trusts

 

The Share Trust was developed by Harneys to provide a simple and flexible solution to succession planning for owners of shares in BVI companies.

 

The Share Trust structure gives owners of shares in a BVI company unprecedented freedom to manage succession to those shares with minimal interference to the business of the BVI company, or enjoyment of the company’s profits. It has the added advantage of completely avoiding a public application for probate in the BVI Courts, and therefore maintains confidentiality, saves costs and avoids the inevitable delays that application for probate would entail.

 

In brief, Share Trusts provide:

 

-         Automatic succession to shares in the event of death or incapacity;

-         Automatic succession of directors in the event of death or incapacity;

-         Retention of control, voting and income rights;

-         Full reversibility at any time.

 

To learn more about Share Trusts, we invite you to read any of the guides listed on the right-hand side of this page. 

Share Trust guides are also available in Russian, Chinese and Spanish and may be found through our News and Publications page.