92 results found

Offshore jurisdictions remain important centres for the establishment and administration of trusts. What should an offshore trustee...

The British Virgin Islands (BVI) has enacted innovative new trust legislation which includes provisions conferring on the BVI court an additional power to vary BVI trusts.

When section 83 A of the British Virgin Islands' Trustee Act came into effect in 2004 the jurisdiction was regarded as having the most sophisticated and well thought-out ‘firewall' offering available, but, since then,...

Walkers' BVI chapter from David Pytches and Lucy Diggle covers common issues in private client laws – including pre-entry tax planning, connection factors, taxation issues on inward investment, succession planning, ...

The Trustee (Amendment) Act, 2021, recently gazetted and expected to be enacted in the BVI shortly, seeks to implement a number of important, cutting-edge changes to the Trustee Act that will further enhance the BVI's reputation ...

Recent amendments to the Civil Procedure Rules in the British Virgin Islands have introduced a clearer procedural framework for determining whether trust and estate proceedings should be heard publicly or privately. This development marks a significant shift in BVI trust and estate practice, particularly given the jurisdiction's historical approach to confidentiality in such sensitive matters.

In an article for STEP Journal, Alex Hall Taylor KC and Tyrone Bailey examine how recent amendments to the Civil Procedure Rules in the British Virgin Islands shape whether trust and estate proceedings...

Where the owner of a BVI company dies, his/her interest in shares in a BVI company cannot be validly transmitted to his/her heirs until the appropriate grant (of probate, letters of administration...

Maples and Calder represented both parties to a successful application brought by a retiring security agent and trustee, under an English law governed facility agreement, for an order under section 52 (1) (a) of the BVI Trustee Act vesting in the incoming security agent and trustee, ..

The British Virgin Islands (BVI) legislature has made several amendments to the Territory's Trustee Act (the Act). These were made by the Trustee (Amendment) Act, 2024 (the Amendment Act).

On 30 March 2015, the Trustee (Amendment) Act, 2015 (the "Amendment") came into force in the British Virgin Islands ("BVI"). This follows similar amendments in respect of partnerships and companies.

In addition to being the world's leading international finance centre in which to set up companies, the British Virgin Islands (BVI) is now regarded as one of the world's premier trust jurisdictions.

The British Virgin Islands has long been hailed as a leading offshore jurisdiction for wealth management and asset protection amongst Latin American high net worth families and individuals.

This article considers why private trust companies are currently so popular, various structuring issues which those setting up private trust companies should take into consideration.

The Trusts (Amendment) Law 2016 (the Amendment Law) was gazetted on 23 November 2016 and has amended and modernised the current Cayman Islands Trusts Law (2011 Revision).

Digital asset structures can achieve bankruptcy remoteness if properly designed, but success depends on whether customers hold true proprietary rights or merely contractual claims. This analysis examines how courts distinguish between these positions when exchanges, custodians, or brokers become insolvent, and what operational realities determine whether client assets fall outside the insolvent estate.

Share Succession Trusts, or SSTs, can hold the secret to protecting your wealth or business when you're gone. Our BVI expert explains.