International Succession
Many wealthy clients hold assets such as real estate, equities, yachts, and intellectual property in special-purpose vehicles (a private limited company for example), in a variety of jurisdictions. In such scenarios, it is important to be aware of the legal issues surrounding probate, especially if those clients have not put in place valid wills to address transfer of assets to family members or other persons.
How we can assist you
Our services address all elements of corporate secretarial compliance, from advice on board procedures, analyzing corporate policies and codes of conduct.
Mercatoria and its network of lawyers can assist with the development of tax-efficient succession plans to aid in the ease of transfer of wealth to the next generation. Often used is a trust arrangement that allows for certain advantages with respect to holding wealth for other family members or “beneficiaries”, especially where the client and the beneficiary are resident in different jurisdictions.
Lex Mercatoria Fiduciary Ltd. is licensed with no. 52 RA 2024 as a Registered Agent, Registered Trustee and Financial Fiduciary under the Registered Agent and Trustee Licensing Act, Chapter 105, s. 5(3) of the Revised Laws of Saint Vincent and the Grenadines, 2009.