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Article: The Use Of Trusts In The British Virgin Islands.
- Article from:
- Mondaq Business Briefing
- Article date:
- October 29, 2008
CopyrightCOPYRIGHT 2008 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PREFACE
This memorandum has been prepared for the assistance of clients considering creating a trust in the British Virgin Islands. It is intended to provide a summary of the main legal requirements and general principles applicable to the establishment and administration of trusts. It is not intended to be comprehensive in its scope and it is recommended that a client seek legal advice on any proposed transaction prior to taking steps to implement it.
A number of briefings on other aspects of British Virgin Island law have been prepared by Ogier and are available on request.
This memorandum has been prepared on the basis of the law and ...