Trusts & Estates

Articles and news related to trust, estate planning, and probate in the BVI.

Illusory trusts in the British Virgin Islands and section 86 of the BVI’s Trustee Act

The laws of the BVI The principles of English common law and equity form part of British Virgin Islands (BVI) law and would be applied by the BVI’s courts, except to the extent that they have been modified by statute.…
Read More

O’Neal Webster Managing Partner Vanessa King Elected to STEP Worldwide Council

folder_openArticles, Firm, Trusts & Estates, Vanessa King
turned_in_not, ,
October 2, 2023 – BRITISH VIRGIN ISLANDS – O’Neal Webster is pleased to announce that Managing Partner Vanessa King has been elected as a STEP Worldwide Council representative for the Caribbean and Latin America Region. In this role, she represents…
Read More

Virgin Territory | BVI Trusts & Estates

By Christopher McKenzie For Trusts & Trustees published by Oxford University Press Abstract The British Virgin Islands has recently introduced a substantial number of reforms in relation to trusts and estates. These have been made in addition to those innovations…
Read More
BVI Trust Law

BVI Introduces New Reserved Power Trust Legislation

By Christopher McKenzie for Trusts & Trustees, Oxford University Press Background—why reserved power legislation has been enacted Many prospective settlors, especially those from jurisdictions or family backgrounds in which trusts do not feature,1 the establishment of a lifetime trust can…
Read More


Since the BVI’s Financial Services (Exemptions) Regulations, 2007 (as amended, “the PTC Regulations”) came into effect, the BVI has become the jurisdiction of choice for private trust companies. Over one thousand such companies have so far been established. Background The…
Read More