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Bermuda presents a number of benefits for high net worth and ultra high net worth individuals looking to domicile their wealth, as a result the jurisdiction’s Private Client & Trust sector has increased steadily over the years.
Recent data provided by the Bermuda Business Development Agency, in 2015, reported that US$187.2 billion are under trusteeship and administration on the Island, an increase of 50% over 2013.1
Conyers Dill & Pearman’s Private Client & Trust (“PC&T”) practice is a leading authority in this sector. The Firm’s PC&T team is one of the largest and most experienced offshore practices, and continues to be ranked as Band/Tier 1 among leading global directories.
The Firm comments regularly on notable trust disputes that have taken place in the Bermuda Courts, are regular speakers at industry events and are called upon to offer insightful views on trends affecting the region. This publication will draw on that commentary, and is arranged to digest key cases, as well as provide clients and colleagues with legislative updates and editorial features.
Inside our inaugural issue we feature the first Hasting Bass Ruling, recently delivered by the Supreme Court of Bermuda, a case update that reaffirms the Bermuda Court’s approach to confidentiality, key advantages of establishing a family office in Bermuda, and a look into a recent case relating to the power given to trustees to appoint whole or parts of the capital of a trust.
To continue reading full articles in PDF format:
Bermuda Private Client & Trust Bulletin
12013 represents the last year the sector was surveyed by the Bermuda Business Development.