BVI Trusts

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BVI Introduces Significant New Trust and Estate Legislation

BRITISH VIRGIN ISLANDS, March 2021– O’Neal Webster is pleased to confirm that the British Virgin Islands (BVI) Government has introduced a substantial number of changes to its trust and estate legislation following recommendations made by the Trust and Succession Law…

Further Amendments to the BVI’S Trust and Estate Legislation 2021

O’Neal Webster is pleased to be able to advise that the Property (Miscellaneous) Provisions Act, 2021 and the Administration of Small Estates (Amendment) Act, 2021 have been introduced to BVI legislature and these new statutes are expected to come into…

BVI Strengthens Firewall Provisions in Trustee Act

O’Neal Webster is pleased to announce that the ‘firewall’ provisions in the BVI’s Trustee Act are now to be made more robust as a result of amendments to section 83A of the Trustee Act which are expected to come into…

Groundbreaking New Provisions in Variation of BVI Trusts

O’Neal Webster is pleased to confirm that the British Virgin Islands Government is in the process of introducing some cutting-edge reforms in relation to the ability of the court to vary BVI trusts without the consent of beneficiaries.  The new…

Making a Will Won’t Kill You

Why Shareholders of BVI Companies and the Owners of BVI Real Property Should Consider Executing Wills Many people tend to put off the preparation of a will to a future date, but there are numerous reasons to grab the bull…
BVI Trust Law

Guide to Trust Law & Trustees Services in the BVI

In addition to being the world’s leading international finance centre in which to set up companies, the British Virgin Islands (BVI) is now regarded as one of the world’s premier trust jurisdictions. The general principles of the trust laws of…

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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