Trusts & Estates

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

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BVI Business Company

MITIGATING BVI BUSINESS COMPANY DISRUPTION

Structure your BVI company shareholding to eliminate or reduce delays associated with probate Ease of operation and flexibility are two of the most attractive features of a BVI business company (BVIBC). However, the death of a shareholder can cause disruption…
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BVI Private Client Global Guide

O’Neal Webster is pleased to announce its participation in producing the BVI Private Client chapter of The Legal 500 Private Client Global Guide, a comparative guide to private client questions in key jurisdictions around the world. O’Neal Webster partners Christopher…
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BVI Rules Change for Non-Contentious Probate Now in Force

TORTOLA, British Virgin Islands, 28 November 2017 — O’Neal Webster is pleased to report that the Eastern Caribbean Court has adopted new, comprehensive, non-contentious probate rules for the British Virgin Islands. The new rules, which came into force on 1…
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Five O’Neal Webster Attorneys Named to Private Client Directory of Globally Recommended Wealth Managers and Advisers

TORTOLA, July 1, 2017 — O’Neal Webster is pleased to announce that five partners were named to Citywealth’s 2017 Leaders List, the private client directory of recommended wealth managers and advisers. Individuals are nominated by their peers or organizations and…
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Privy Council Offers Guidance on the Treatment of Non-Matrimonial Property in Divorce Proceedings

The UK Privy Council handed down a December 2016 judgment in a matrimonial appeal from the British Virgin Islands which challenged the lower courts’ ruling on the division of property in divorce proceedings. The appellant, Mr. Scatliffe, appealed against an…
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UK Inheritance Tax Deadline Looms for “De-enveloping” your BVI Company

The UK Government’s recent consultation on tax reforms in respect of non-domiciled individuals, whether resident or not, has resulted in a shake-up of company law. The UK has announced that from April 6, 2017, residential property in the UK held…
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