Unravelling
Complexity

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Unravelling Complexity

23 Results

Amendments to the Cayman Islands Trusts Law
Private Wealth

Amendments to the Cayman Islands Trusts Law

Amendments to the Trusts Law (2018 Revision) (Trusts Law) affirm the reputation of the Cayman Islands as a leading trusts jurisdiction.
How to manage the succession of a BVI Co
Private Wealth

How to manage the succession of a BVI Co

In this article, originally published by Private Banker International, Matthew Howson shows how advisors can manage the succession of a BVI Co.
When common met civil
Private Wealth

When common met civil

When a testator resides in a civil-law jurisdiction, but has assets registered in a common-law one, the jurisdictions’ legal systems may be in conflict, eg regarding local rules for forced heirs and matrimonial shares. This article, published in the March 2019 STEP Journal, gives examples of useful estate planning instruments to help mitigate risk where Russian citizens or residents hold shares in British Virgin Islands companies.
New BVI Shipping Act increases attractiveness of VISR
Private Wealth

New BVI Shipping Act increases attractiveness of VISR

The Government of the Virgin Islands has introduced new measures to support the continuing growth of the Virgin Islands Shipping Registry (VISR).
Estate Administration in the Cayman Islands
Private Wealth

Estate Administration in the Cayman Islands

A grant of probate or letters of administration will be necessary when a person dies and leaves Cayman Islands assets in their individual name, such as money in a bank account or shares in a Cayman Islands company. This legal guide summarises the process of obtaining a grant of probate or letters of administration in the Cayman Islands.
New Procedure for Processing Executive Work Permit Applications
Private Wealth

New Procedure for Processing Executive Work Permit Applications

The BVI Government has introduced a new procedure for processing work permit applications for those persons earning or expected to earn US$100,000 or more per year with the aim of expediting the work permit application process.