Created Date:
16 September 2020
Private client

Wills and Estates - a jurisdictional comparison

Estate planning for high net worth clients is increasingly a cross-border exercise: with personal and business interests spanning the globe, close attention must be paid to the rules of succession that apply on the passing of family members.

As a British Overseas Territory, the Cayman Islands has a very strong connection to England, and it is common for lawyers to be instructed to assist with the administration of an estate comprising assets located across both jurisdictions.

Please download our guide prepared in collaboration with Geoff Kertesz and Catriona Abraham of Stewarts, in which we compare the different laws, procedures, and considerations to be taken into account when assisting with the establishment of a succession plan, drafting wills, and obtaining grants of probate or letters of administration across our borders.
 

“Carey Olsen” in the Cayman Islands is the business name of Carey Olsen Cayman Limited, a body corporate recognised under the Legal Practitioners (Incorporated Practice) Regulations (as revised). The use of the title “Partner” is merely to denote seniority. Services are provided on the basis of our current terms of business.

CO Services Cayman Limited is regulated by the Cayman Islands Monetary Authority as the holder of a corporate services licence (No. 624643) under the Companies Management Act (as revised).

Please note that this briefing is intended to provide a very general overview of the matters to which it relates. It is not intended as legal advice and should not be relied upon as such. © Carey Olsen 2024