Trusts & Estates

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

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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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O’Neal Webster Partner Vanessa King earns STEP Founder’s Award for “Outstanding Achievement”

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 Nov 24, 2016 – TORTOLA – British Virgin Islands-based law firm O’Neal Webster congratulates Partner Vanessa King as the recipient of the Society of Trust and Estate Practitioners’ ninth annual, prestigious Founder’s Award. The Award is presented to an individual…
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Private trust companies: how to obtain the best of all worlds

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By Christopher McKenzie, Partner, O’Neal Webster (UK) LLP (October 2016) Abstract This article considers why private trust companies are currently so popular, various structuring issues which those setting up private trust companies should take into consideration, and the private trust companies…
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Trust and Estates Partner Christopher McKenzie Recognized in Chambers and Partners Inaugural High Net Worth Guide

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BRITISH VIRGIN ISLANDS, June 27, 2016 – O’Neal Webster partner Christopher McKenzie, a well-known name in the BVI trust market, has been ranked in Chambers and Partners’ inaugural High Net Worth Guide, published June 2016. Based in O’Neal Webster’s London…
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Global Law and Business Publishes 4th Edition of “Trusts in Prime Jurisdictions”

As globalisation continues, opportunities are arising for practitioners in trust jurisdictions that did not exist a few years ago. Growth continues in the traditional trust jurisdictions, especially in civil law jurisdictions where trusts have previously been used in a limited…
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