Bedell Cristin lawyers contribute to Private Trust Companies Handbook Second Edition
12 June 2023
Andrew Miller, Partner, Sevyn Kalsi, Partner and Fraser Allister, Managing Associate, are contributing authors to the chapters on the British Virgin Islands, the Cayman Islands and Jersey in the second edition of 'Private Trust Companies: A Handbook for Advisers', published by Globe Law and Business.
Private trust companies continue to play an important role in the wealth structures of many ultra-wealthy families, offering control and flexibility in the administration of a family’s trusts and the management of trust assets.
The relevant law in prime jurisdictions including the British Virgin Islands, the Cayman Islands, Jersey and key US states is thoroughly examined. In addition, the content shines a light on organisational and operational issues such as designing a private trust company’s ownership structure, implementing proper internal controls, outsourcing services, and working with professional advisers. Important matters like coordinating with the family office, communicating with family, protecting privacy and handling disputes involving private trust companies are also tackled.
To find out more or purchase a copy of the book, click here.