This briefing note provides an overview of the process and legal
considerations for a person who is not domiciled in the British
Virgin Islands to write a will dealing with his or her shareholding
in a British Virgin Islands company. It is not legal advice and it
should not be relied upon as such.
In this briefing note the person who owns shares in the British
Virgin Islands company is referred to as the
Shareholder.
Regardless of whether or not the Shareholder leaves a will, a
grant of representation must be obtained from the Eastern Caribbean
Supreme Court to administer the Shareholder's British Virgin
Islands assets after his or her death. Where the Shareholder
leaves a will, the form of grant is known as probate. Where the
Shareholder does not leave a will, the form of grant is known as
letters of administration.
