Trusts & Estates

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

AMENDMENTS TO THE BVI’S PRIVATE TRUST COMPANY REGULATIONS 2021

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…
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Free-standing Freezing Orders in the BVI | Black Swan Verses Broad Idea

British Virgin Islands entities and structures are frequently used to hold assets located onshore, outside the BVI. Sometimes these assets represent the proceeds of wrongdoing including breach of fiduciary duty, breach of express trust, or pure fraud. The vast majority…
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Offshore Asset Recovery in Divorce

In high-value divorce litigation, certain matrimonial assets held in offshore vehicles and structures are commonly unaccounted for. This is due to a widespread perception that such assets are out of reach to the victim spouse and that opaque beneficial ownership…
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