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Christopher McKenzie

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Twenty Tips and Tricks for BVI Trustees and Registered Agents – Part Three

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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The following is the third of a four-part series written by Chris McKenzie. (See Part 1 here and Part 2 here.) Eleven The need to avoid referring to a settlor’s letter of wishes in a trust instrument Only rarely would…
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Twenty Tips and Tricks for BVI Trustees and Registered Agents – Part One

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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The following is the first of a four-part series written by Chris McKenzie One Underlying assets are not trust assets. One sometimes comes across provisions in trust deeds and other trust documentation which refer to the underlying assets of companies,…
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BVI Wills and the Impact of Non-BVI Laws

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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Private international law issues which need to be considered both before and after preparing a British Virgin Islands will disposing of shares in a British Virgin Islands company. Abstract This note considers the need, when preparing wills disposing of shares…
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Encouraging Successful Succession: Estate planning options for shareholders of BVI companies

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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By Christopher McKenzie¹ Shortly after the International Business Companies Act (IBC Act) came into force in 1984, the British Virgin Islands (BVI) became one of the world’s most utilised jurisdictions for the incorporation of international business companies; these companies have…
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Illusory trusts in the British Virgin Islands and section 86 of the BVI’s Trustee Act

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O'Neal Webster
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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.…
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Virgin Territory | BVI Trusts & Estates

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O'Neal Webster
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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…
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BVI Trust Law

BVI Introduces New Reserved Power Trust Legislation

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O'Neal Webster
folder_openArticles, Christopher McKenzie, Trusts & Estates
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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…
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