As global attention sharpens on climate change and social justice issues, sustainability and responsible governance are increasingly becoming higher priorities for 'Millennial' and 'Gen Z' Beneficiaries....more
7/1/2025
/ Beneficiaries ,
Climate Change ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Investment Management ,
Popular ,
Risk Management ,
Sustainability ,
Trustees ,
Trusts
Among a trustee's numerous powers, the exercise of its power of appointment is one it will most often be asked to consider exercising. It is also the power that will come under the most scrutiny from beneficiaries....more
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
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
BX v T Limited and AX and JX and CX and OX and PX and QX [2024]GRC066 (27 September 2024) -
In a recent supplementary judgment on costs, Lieutenant Bailiff of the Royal Court of Guernsey, Hazel Marshall KC (the "Judge"),...more
Currently, no, there are not public beneficial ownership registers in respect of trusts (at least in the British Virgin Islands ("BVI"), Cayman, Jersey, Guernsey or Bermuda), however, if enacted in the form gazetted, the BVI...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