Offshore trusts—general principles

Offshore trusts—general principles guidance:

This Practice Note was originally written by Milestone International Tax Partners LLP but is now maintained by Mourant Ozannes. An offshore trust is a trust where the...

Practice Note

This Practice Note outlines Bermuda trust law and focuses upon its unique features and recent reforms, such as Bermuda's regime for private trust companies (PTCs) and...

Practice Note

This Practice Note provides an introduction to the British Virgin Islands (BVI) in the context of offshore trusts. For general information about the BVI, see Practice...

Practice Note

This Practice Note provides guidance on British Virgin Islands (BVI) trusts. For general information about the BVI, see: Private Client jurisdictional guide—British...

Practice Note

This Practice Note provides guidance on British Virgin Islands (BVI) trusts. For general information about the BVI, see Practice Note: Private Client jurisdictional...

Practice Note

British Virgin Islands (BVI) trusts law is contained in the Trustee Ordinance, Cap 303 (as amended) as revised from time to time and the Virgin Islands Special Trusts Act...

Practice Note

British Virgin Islands (BVI) trusts law is contained in the Trustee Ordinance (as amended) (Cap 303, Laws of BVI) and the Virgin Islands Special Trusts Act 2003 (as...

Practice Note

British Virgin Islands (BVI) trusts law is contained in the Trustee Ordinance (as amended) (Cap 303, Laws of BVI) and the Virgin Islands Special Trusts Act 2003 (as...

Practice Note

British Virgin Islands (BVI)Cayman Islands English law/equityApplied by the courts save to the extent modified by BVI legislation.Applied by the courts save to the extent...

Practice Note

Part VIII of the Trusts Law (2011 Revision) Non-charitable purpose trusts are called ‘STAR’ trusts in the Cayman Islands. They are subject to specific statutory...

Practice Note

In the Cayman Islands, non-charitable purpose trusts are called STAR trusts and are subject to specific statutory provisions set out at Part VIII of the Trusts Law (2011...

Practice Note

Part VIII of the Trusts Law (2011 Revision) Non-charitable purpose trusts are called ‘STAR’ trusts in the Cayman Islands and are subject to specific statutory provisions...

Practice Note

This Practice Note provides an introduction to the Cayman Islands in the context of offshore trusts. For general information about the Cayman Islands, see Practice Note:...

Practice Note

This Practice Note provides guidance on Cayman Islands trusts. For general information about the Cayman Islands, see: Private Client jurisdictional guide—Cayman Islands....

Practice Note

Major types of trusts Discretionary trusts A discretionary trust generally provides maximum flexibility. It is the most widely used and often the most effective solution...

Practice Note

The jurisdictions whose legal systems recognise trusts are typically those that have evolved from or adopted English law and equitable principles. These include the...

Practice Note

The requirements to establish a valid trust arise under principles of common law and will need to be met whatever the jurisdiction involved. There are three essential...

Practice Note

What is a flee clause? A flee clause is a clause in a trust instrument which purports to automatically transfer the trust assets, the trusteeship and the forum for the...

Practice Note

For general information on Guernsey, see Practice Note: Private Client jurisdictional guide—Guernsey. Guernsey as a trust jurisdiction Whilst there are examples of...

Practice Note

For general information on the Isle of Man, see Practice Note: Private Client jurisdictional guide—Isle of Man. Legal framework Isle of Man trust law has its roots in...

Practice Note

For general information on Jersey, see Practice Note: Private Client jurisdictional guide—Jersey [Archived]. Legal framework The legal framework for Jersey law governed...

Practice Note

Key considerations In order to access the benefits of having an offshore trust, it is vital to ensure that the management and control of the trust does, in fact, take...

Practice Note

What is a protector? A protector is a person who holds powers under a trust but who is not a trustee. A protector is a person who is independent of the trustees. The...

Practice Note

The issue of sham is most likely to be raised by the settlor's creditors or former spouse if the settlor is involved in matrimonial proceedings, who will seek to argue...

Practice Note

This Practice Note was originally written by Milestone International Tax Partners LLP but is now maintained by Mourant Ozannes. A trust is formed either by lifetime gift...

Practice Note
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