Maples and Calder

This Practice Note, produced in partnership with Alex Way, of counsel in Maples and Calder's Trusts & Private Client team in London, and based on original work by Mourant Ozannes, sets out the jurisdictional background and legal framework of the British Virgin Islands (BVI), including the government, judicial system, financial services, banks, investments, stock exchange, insurance and trusts.

This Practice Note, produced in partnership with Alex Way of Maples Group and based on original work by Mourant Ozannes, discusses the legal framework and features of British Virgin Islands’ (BVI) trusts law, including reserved powers, VISTA Trusts, purpose trusts, rights to information, variation of trusts, exclusion of forced heirship provisions, private trust companies and taxation.

This Practice Note, produced in partnership with Alex Way, of Counsel, of Maples Group and based on original work by Mourant Ozannes, discusses the most common types of trusts established for private clients in the British Virgin Islands (BVI), as well as the range of practical applications of BVI trusts.

This Practice Note, produced in partnership with Alex Way of Maples Group and based on original work by Mourant Ozannes, provides guidance on the common uses of VISTA trusts. The ‘prudent person rule’, the exclusion of the ‘prudent person rule’, the VISTA Law and the further applications of VISTA trusts are covered in detail.

This Practice Note, produced in partnership with Alex Way, of counsel, of Maples Group, and based on original work by Mourant Ozannes, discusses the prescribed formalities and some special features for VISTA trusts in the BVI.

This Practice Note, produced in partnership with Alex Way, of counsel in Maples and Calder's Trusts & Private Client team in London, and based on original work by Mourant Ozannes, addresses certain aspects of the management and administration of VISTA Trusts in the BVI.