The world of cryptoassets continue to evolve at a breathtaking pace, with cryptocurrencies such as Bitcoin and Ether reaching unprecedented heights and capturing the attention of HNWIs. Recent surges in the value of these...more
The best plan is worthless if not properly executed.
This article follows on from our earlier discussion on issues clients may need to consider before passing assets to their intended heirs. Here, we highlight some...more
4/2/2025
/ Asset Protection ,
Beneficiaries ,
Estate Planning ,
Family Limited Partnerships ,
High Net-Worth ,
Joint Tenancy ,
Offshore Funds ,
Succession Planning ,
Tax Planning ,
Trusts ,
Wealth Management ,
Wills
Under section 43(b) of the Trusts (Guernsey) Law, 2007, when a trustee resigns or is removed it may require that it be provided with reasonable security for liabilities before surrendering trust property....more
3/28/2025
/ Asset Management ,
Beneficiaries ,
Breach of Duty ,
Contract Disputes ,
Fees ,
Fiduciary Duty ,
Indemnity ,
Tax Liability ,
Trustees ,
Trusts ,
UK
As widely reported, the coming years will likely see a significant transfer of assets and wealth across generations.
Each family's circumstances will ultimately determine the nature and extent of these transfers, and any...more
In a remarkable evolution from its origins as a mere memecoin, Shiba Inu - now the 18th-largest cryptocurrency by market capitalisation, valued at an impressive US $8.8 billion - is on the cusp of a bold new chapter: the...more
2/25/2025
/ Blockchain ,
Corporate Governance ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
Popular ,
Regulatory Requirements ,
Risk Management ,
Trusts
As wealth management evolves, South African high-net-worth individuals ("HNWIs") are increasingly looking for efficient offshore structures to protect and grow their assets. One such option is "The Alphabet Trust" -...more
2/5/2025
/ Asset Protection ,
Beneficiaries ,
Corporate Governance ,
Corporate Structures ,
Estate Planning ,
Foreign Investment ,
High Net-Worth ,
International Tax Issues ,
South Africa ,
Tax Planning ,
Trusts
Employers are increasingly aware of the essential role top-performing employees play in the success of their business. With a globalised workforce and competitive job market, companies that do not focus on employee retention...more
This briefing is the fourth in a series of briefings by Walkers on the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (the "LCFL"), and provides an overview of the licensing regime applicable to Virtual Asset...more
The Guernsey Financial Services Commission (the “GFSC”) has issued The Lending, Credit and Finance Rules and Guidance, 2023 (the “Rules”) which govern businesses that will be regulated under the Lending, Credit and Finance...more
Notwithstanding the turbulent past few months, which have seen roughly $2 trillion worth of value disappear from the digital asset ecosystem, we are still seeing an increase in enquiries by high net worth individuals...more
This briefing is the third in a series of briefings by Walkers on the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (the “LCFL”), and provides an overview of the licensing regime applicable to “financial firm...more
“It is only when the tide goes out that you learn who has been swimming naked”. This quote – usually attributed to Warren Buffett – resurfaces when economic conditions worsen, but what does it mean? In the context of the...more
The States of Guernsey has approved the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (the “LCFL”) which will regulate various virtual asset service providers (“VASPs”) and financial services businesses...more