Harneys British Virgin Islands

Business Succession

The transition of a family business from the founder to the next generation is a critical time in any business. 

At Harneys we understand the complexities and challenges faced when business owners transfer control from one generation to the next or when an owner-managed business is sold. Our depth of experience across multiple industries and jurisdictions allow the team to provide bespoke structuring advice that meets the objectives of family owned businesses.     

Business succession trusts created in the BVI or Cayman will typically be governed by the provisions of the Virgin Islands Special Trusts Act, 2003 (VISTA),  Cayman STAR trusts or would involve the use of a Private Trust Company.   These types of structures allow for flexibility and the involvement of the family beyond those created by a traditional trust.

At Harneys we know that no two businesses are the same and we are able to use our ability and experience to devise and implement solutions that meet individual family needs and circumstances.
 

Our purpose is client services which is supportive, responsive and focused on delivering results.
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Gonzalo Jalles

Regional Managing Director

Gonzalo Jalles is regional managing director, head of fiduciary and new services at Harneys Fiduciary in the Cayman Islands. 

send an email +1 345 949 8599

Lawrie Kearns

Director of Private Wealth

Lawrie is head of the private wealth team at Harneys Fiduciary and has extensive experience acting for high net worth individuals on a wide variety of commercial and private trust, estate planning and asset protection issues.

send an email +1 284 852 4339

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