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July brought the long-awaited conclusion to the latest high profile case in which offshore trusts came under attack from the Family Division in England and Wales. Mr and Mrs Akhmedova endured eight years of ...

The 2009 Act had dis-applied the Rule for all trusts established after 1 August 2009, except trusts owning real property in Bermuda.

Bermuda provides a flexible, cost effective regime for the formation and administration of private trust companies (PTCs), which are not regulated as a trust business.

New legislation is expected to stimulate the trust industry in Bermuda by attracting international clients who wish to retain a certain level of control over their trusts.

Bermuda's regulatory regime for trust business has recently been enhanced. A framework for the supervision of relevant private trust companies has been introduced and this month new filing

Recently tabled in the House of Assembly, the Proceeds of Crime Amendment (No.3) Act 2017 ("PCA3") will have the effect of extending regulatory reach to lay trustees.

Bermuda’s Trusts (Special Provisions) Amendment Act 2014 provides clarity and certainty to the powers which can be reserved by settlors.

With the world in the grip of the COVID-19 pandemic, we would like to reassure our clients that we remain ready to provide advice and support during this difficult time, as your needs may change.

Bermuda is a British Overseas Territory with a parliamentary legislature and has been largely self-governing since 1620. It has economic, legal and political stability...

The recent Bermuda decision of "Stiftung Salle Modulable v. Butterfield Trust" contains important points relevant to the question of litigation funding, as well as to practitioners of private international law and trusts.

In this Bulletin, we offer practical guidance on private wealth structuring tools for HNWIs and their families in the Middle East. Legislative changes in both the Cayman Islands and the British Virgin Islands...

Businesses and investors are increasingly considering relevant environmental, social and governance (ESG) factors. However, trust law may not have kept pace with this phenomenon.

What traces its history through Ancient Rome and the Crusades, can have many de facto owners, none at the same time, and can hold entire groups of companies while owning nothing?...

Advisers based in the UK were recently shocked by the government's announcement of far-reaching changes to the way in which non-domiciled individuals...

The Supreme Court of England and Wales recently handed down its judgment in the jointly heard appeals of Futter v HMRC and Pitt v HMRC [2013] UKSC 26.

It is common practice when a trust is established for the economic settlor to provide a letter of wishes, addressed to the trustees of the trust, setting out their wishes with respect to the administration of the trust.

The recent and keenly awaited UK Privy Council judgment of Wen-Young Wong & Ors v Grand View Private Trust Company, 2022, clarifies the boundaries of trustee powers in Bermuda.

The reservation or grant of certain powers by settlors has always been possible under Bermuda’s trust law.