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
Across the globe, second and third generations are inheriting significant wealth and with it, the opportunity to professionalise how their family manages, governs and grows that wealth.
Many are establishing dynamic,...more
4/29/2025
/ Business Entities ,
Corporate Governance ,
Estate Planning ,
Family Offices ,
Investment Management ,
Jurisdiction ,
Private Funds ,
Succession Planning ,
Tax Planning ,
Trusts ,
Wealth Management
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
Jurisdiction clauses in trust deeds are critical in determining the forum for resolving disputes. These clauses can be either exclusive, conferring jurisdiction to a specific court, or non-exclusive, allowing for flexibility...more
3/6/2025
/ Arbitration ,
Bermuda ,
Breach of Contract ,
British Virgin Islands ,
Cayman Islands ,
Contract Terms ,
Dispute Resolution ,
Enforcement Actions ,
Fiduciary Duty ,
Island of Guernsey ,
Jurisdiction ,
Settlement ,
Trustees ,
Trusts
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
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 may not be "conventional" private client work, but the rapidly evolving nature of the digital economy has created exciting opportunities for Guernsey trustees and trusts professionals, with Guernsey purpose trusts...more
6/19/2023
/ AML/CFT ,
Anti-Money Laundering ,
Blockchain ,
Corporate Structures ,
Cybersecurity ,
Data Security ,
Decentralized Autonomous Organization (DAO) ,
Global Economy ,
Intellectual Property Protection ,
Island of Guernsey ,
Market Volatility ,
Trustees ,
Trusts