01/06/20

A Toolbox for Tough Times

With trust assets becoming more unusual in nature, beneficiaries establishing careers and family homes across the globe, and the regulatory environment growing increasingly complex, the modern trustee can be faced with a wide range of issues to address and challenges to overcome. In the course of administering a Cayman Islands trust in this modern world, a trustee may be asked to, among other things, deal with risky assets, respond to requests for information from new corners of the world, make distributions contrary to letters of wishes, and form an opinion in respect of obscure trust provisions. Helpfully, this jurisdiction offers a range of options and solutions to guide trustees through any tough times.

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