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British Virgin Islands
Ogier
This is particularly recommended for individuals who are not domiciled in the BVI, as the application of private international laws can otherwise have unexpected consequences at the time of death.
Ogier
A BVI grant of probate, or letters of administration, is required to validly deal with BVI assets held by a deceased person. This is most commonly required for shares in a BVI company (or other entity).
Collas Crill
In addition to the many purposes for which a BVI Business Company limited by shares (BVI Company) is used, eg as a fund, co-investment vehicle, joint venture vehicle...
Cyprus
Highworth
As we step into the new year of 2024, it's essential for organizations and individuals alike to proactively plan and set
financial goals.
Eurofast
In our recent related articles (1 & 2) we conducted an in-depth exploration of trusts, shedding light to their evolution and the strict rules that govern them, particularly in the context of Cyprus.
Eurofast
Despite the ongoing fluctuations in the global economic environment, Trusts continue to be extensively employed by many Administrative Service providers worldwide.
Hong Kong
Withers LLP
Hong Kong faces a significant challenge due to its rapidly ageing population. Academics predict a surge in dementia cases over the next 15 years.
Withers LLP
In the realm of estate planning, many think it only relates to the handling of the estate after death; however, with age, there is a chance we may not have the full mental capacity...
Harneys
We sat down with Hong Kong Partner Calvin Chow, who recently joined Harneys from a local onshore firm to get to know him a bit better.
Withers LLP
In Asian family culture, where traditions and familial bonds are deeply cherished, the Chinese New Year symbolizes family unity. Amidst these celebrations, the role of grandparents...
Jersey
Walkers
Despite the Trusts (Jersey) Law 1984 ("Trusts Law") expressly providing against the rule against perpetuities currently applying in Jersey...
Ogier
An executor (or administrator) is key to the probate process. They are responsible for administering the estate of the deceased and distributing to beneficiaries.
Carey Olsen
Jersey's rules on the collateral succession of Jersey immovable property are about to undergo a major change as a result of the decision of the States of Jersey on 7 February 2024...
Monaco
CMS Pasquier Ciulla Marquet Pastor Svara & Gazo
L'organisation successorale est fréquemment remise à plus tard. En effet, en sus des contraintes de temps et de disponibilité, il n'est pas rare qu'une personne soit tout simplement réticente à planifier les aspects de son propre décès.
CMS Pasquier Ciulla Marquet Pastor Svara & Gazo
Estate planning is often postponed. Indeed, in addition to constraints of time and availability, it is not uncommon for people to be simply reluctant to plan the aspects of their own demise.
United Arab Emirates
VikneshYap
The secret has long been out...Dubai has been voted time and time again as one of the most exciting and livable cities in the world. Such is its' prestige and modern living that Dubai and most of the...
VikneshYap
Marhabah to all Muslim readers and we wish you a safe and happy Ramadan Mubarak during this holy month.
European Union
Michael Kyprianou Law Firm
Cyprus has been traditionally a destination of choice for British nationals. British citizens frequently choose Cyprus not just for holidays, but also for relocation and for investment.
Worldwide
Appleby
Advisers based in the UK were recently shocked by the government's announcement of far-reaching changes to the way in which non-domiciled individuals...
Dixcart Group Limited
There are a variety of structures and arrangements available to Individuals and their families both for estate and succession planning and to protect their assets from uncertainty and volatility.
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