The Turks and Caicos Islands has long been an attractive jurisdiction for the establishment of international trusts, given the jurisdiction’s zero-direct-tax regime and its favourable trusts regime. The Turks and Caicos Islands’ position in this sphere has been enhanced by the passage of a revamped, modern trusts statute in 2016, that is proving extremely popular with international wealth managers and their advisers.
Misick & Stanbrook’s services in this area include the drafting of trust deeds and related documentation; and advising trustees, protectors and beneficiaries on their rights and obligations under Turks and Caicos Islands trusts. Misick & Stanbrook’s litigators have acted in the majority of major trust cases coming before the Turks and Caicos Island’s Supreme Court.
Misick & Stanbrook’s trusts team also assists international advisers and family offices on compliance issues, on investor and commercial immigration and employment, yacht registration, private holding companies, succession planning and luxury real estate acquisition and structuring.