Bermuda is a leading jurisdiction in which to establish and administer trusts. Whilst largely based upon English law, Bermuda has developed an effective and well regarded legislative framework for Bermuda trusts. Trusts are commonly utilized to achieve objectives such as asset protection, wealth management and preservation, tax planning, and for a variety of other business and commercial objectives. Our trust lawyers regularly act for trustees, beneficiaries and settlors, as well as protectors and enforcers, and have considerable experience advising international corporate clients on a broad range of commercial trust structures such as insurance trusts, special purpose trusts, pension trusts, unit trusts and employee benefit trusts. Through Church Bay Trust Co. Ltd., our affiliated fully-licensed trust company, we are able to provide our clients with a full range of trustee services and trust administration services, including acting as a trustee for discretionary trusts.
Wakefield Quin also advises charities, foundations, families and high net worth individuals on investment structures, international estate planning and private trust company arrangements. We frequently prepare wills and codicils and apply for grants of probate and letters of administration to ensure the orderly succession of assets which may entail resolving complex issues of private international law in cross-border matters.