Private Client Law in the Cayman Islands: Overview
01 Feb 2017
This article first appeared in Practical Law's Private Client Global Guide 2016/2017, published by Thomson Reuters in January 2017.
In this Q&A, Ray Davern and Alex Way provide a high level overview of private client law in the Cayman Islands. Topics include tax residence, inheritance tax, buying property, wills and estate management, succession regimes, intestacy, trusts, co-ownership, familial relationships, minority and capacity, and proposals for reform.
Access to market leading legal advice across a wide range of industries and sectors is paramount to the success of businesses seeking international expertise with local support. The Maples Group's legal services teams are globally coordinated, with consistent systems, policies and procedures across all offices, and connected by a common goal: to deliver the highest quality advice and solutions to our clients. Offering an extensive range of legal services, we advise financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, delivering time zone convenience and accessibility from these and other leading key international financial centres. Through constructive dialogue and engagement with governments, regulators and industry associations, we have helped shape financial industry innovation and regulation in many of the jurisdictions in which we operate.
Advising on the laws of the BVI and the Cayman Islands, our global team of Trusts & Private Client lawyers advise some of the world's largest private businesses, individual private clients, institutional trustees and other fiduciary service providers on matters concerning all types of private wealth trusts, commercial trusts, estate planning structures, trusts and fiduciary arrangements and trust litigation.
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