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Private Client & Offshore Services

15 August 2019
Ashley Fife Important decision concerning confirmation of actions by improperly appointed trustees

Bermuda - Carey Olsen Bermuda

Bermuda's chief justice recently handed down an important decision dealing with the power of the court to intervene in the administration of a trust to approve actions of improperly appointed trustees. This case is important because it confirms the court's inherent jurisdiction, on the appointment of trustees, to grant them leave to administer the trust on the basis that they were properly appointed on a prior date.

Authors: Ashley Fife, Cheri Minors, Keith Robinson
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Joanne Edwards Nuptial agreements and wealth protection

United Kingdom - Forsters LLP

Divorce can pose a significant risk to a family's or an individual's wealth. However, a nuptial agreement can reduce or mitigate such risk. A common perception of nuptial agreements is that they are designed to limit the extent of one party's financial claims. While they can be used in this way, their greater utility in this context is their ability to reduce uncertainty and therefore risk.

Authors: Joanne Edwards, Rosie Schumm, Amanda Sandys, Simon Blain
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Recent updates

Gavin Woods New code of conduct for insurance brokers and agents

Bermuda - Carey Olsen Bermuda

Author: Gavin Woods
Oliver Passmore Z Trusts judgment: whose rights take priority when a trust is insolvent?

Jersey - Ogier

Authors: Oliver Passmore, Daniel Maine
Werner Jahnel Revised PILA: setting the ground for trust arbitration in Switzerland?

Switzerland - LALIVE

Authors: Werner Jahnel, Roman Huber
Hannah Mantle Court of Appeal allows out of time inheritance act claim

United Kingdom - Forsters LLP

Authors: Hannah Mantle, Roberta Harvey, Emily Exton
Jennie Cherry Should offshore trusts stay offshore – the long-term trust solution

USA - Kozusko Harris Duncan

Authors: Jennie Cherry, Stephen K Vetter
Johanna Niegel Family links in estate and succession planning

Liechtenstein - Allgemeines Treuunternehmen (ATU)

Author: Johanna Niegel
Michael Alexandrou Tax benefits for foreign nationals

Cyprus - A G Paphitis & Co

Author: Michael Alexandrou
Chelon Carr-Newbold New tax reforms in effect

Bahamas - Lennox Paton

Author: Chelon Carr-Newbold