This guide discusses the ways in which a private trust company in the BVI can be used as a wealth management tool for high net worth individuals. The guide describes various ownership arrangements and discusses the benefits of each arrangement.
Law Firm: Harneys | Published: 05 July 2011 | Practice Area: Succession Planning and Trusts
The new Government has announced a review of the taxation of non-domiciled individuals.
Law Firm: Macfarlanes LLP | Published: 24 May 2010 | Practice Area: Domicile and residence
This briefing examines the impact of the new 50% income tax rate on UK based discretionary trusts. By contrast with the situation for individuals, where the 50% income tax rates applies only on income above £150,000, the 50% rate applies to trustees of discretionary trusts after the first £1,000.
Law Firm: Charles Russell | Published: 07 May 2010 | Practice Area: Income Tax
In 2009, Jersey broke from English law on the doctrine of mistake when establishing a trust. Nigel Pearmain discusses whether this case will mark a divergence between jurisdictions In B v C, D and E in the matter of the A Trust [2009], the Royal Court was asked to set aside a trust created under the...view abstract
Law Firm: Voisin | Published: 25 February 2010 | Practice Area: Succession Planning and Trusts
This is the latest in a line of rectification of trust applications granted by the Royal Court. In this case the Court allowed the remedy in circumstances where there were no beneficiaries recorded in the trust instrument when it was executed. The Exeter Settlement is a Jersey law discretionary trust...view abstract
Law Firm: Carey Olsen | Published: 25 February 2010 | Practice Area: Private Client
A recent ruling allowing the media to be present at the majority of private family hearings has caused a surge of reaction. Ashley Palminteri reports on the impact this will have on lawyers and their clients
Law Firm: Burges Salmon | Published: 11 February 2010 | Practice Area: Private Client
The dangers of volatile assets were highlighted in the recent Myerson case. Alexander Thorpe looks at the impact the recession is having on the substantial changes to the value of assets
Law Firm: Queen Elizabeth Building Chambers | Published: 11 February 2010 | Practice Area: Family Law
Criticising the Government for losing control of public finances has become something of a national sport in recent months. However, the reality is that lawyers in private practice have much to thank Mr Darling for.
Law Firm: Taylor Wessing | Published: 11 February 2010 | Practice Area: Private Client
The Social Justice Policy Group’s recent report into family law slams the legal system for insufficiently protecting families. Suzanne Kingston says the criticism is not wholly justified
Law Firm: Dawsons | Published: 10 February 2010 | Practice Area: Private Client
Most practitioners agree ‘wealth management by secrecy’ is over, but while the heat will remain on offshore jurisdictions, private client centres are set to prosper. Steve Meiklejohn reports
Law Firm: Ogier | Published: 09 February 2010 | Practice Area: General Financial Services
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