Refining the BVI trusts and estate planning offering - A concise summary and analysis of the 2021 legislative amendments

Global Head of Trusts and Private Wealth Henry Mander and Senior Associate Matthew Howson discuss the following elements of the legislative changes:

Trust Structuring

  • Reserved Powers Trusts
  • Structuring options where Reserved Power Trusts and VISTA Trusts interact

Trust Administration

  • Firewalls and divorce
  • Undoing a mistake
  • Varying beneficial entitlements
  • Trusts and third parties

BVI Estate Administration

  • Changes to the BVI probate requirements (important for anyone who dies holding BVI shares either in their sole name or via a nomineeship)

This webinar was originally recorded 21 April 2021.