Bermuda Family Trusts Cause Disputes
There has been a significant increase in contentious and non-contentious trust matters arising from family disputes in relation to Bermuda trusts. Most often, these involve wealthy international dynastic families or family corporations …
Read more: Read: Family Trust Disputes
Excellent and interesting article on the dangers of offshore family trusts where family members are not aligned. The article does not speak to the draconian deferred taxes waiting to be paid by family members who cannot agree to appropriate strategies, nor to the extraordinary fees and expenses that some offshore structures can involve with reporting requirements under the Patriot Act and similar regulations.