This chapter focuses primarily on the structuring options available in Bermuda, the British Virgin Islands and the Cayman islands. All of these jurisdictions are tax neutral and have stable governments, favourable, but well-respected regulatory regimes and robust, professional services industries.

Family philanthropy around the world is a dynamic and important part of the overall social change landscape. However, with more and more individuals and families involved in this space and the ever increasing variety of approaches and choices, it is a vast and sometimes confusing subject and it can be difficult for families and their advisers who have an interest in philanthropy to know where to begin.

This Special Report aims to demystify the topic and presents in a clear and easy-to-understand format the philanthropy choices available to families. It brings together a variety of international experts who cover, amongst other topics:

  • how families can make decisions about their philanthropy activities;
  • donor advised funds;
  • ways in which families can support cultural organisations, such as museums; and
  • leaving a legacy for the next generations.

This book is available in hardback format, and also as an e-book.

To order a copy, see https://www.globelawandbusiness.com/special-reports/family-philanthropy

 

Type

Insight

Locations

Bermuda

Share
Twitter LinkedIn Email Save as PDF
More Publications
27 Sep 2022

Similar but Different

While the basic features of the trust remain, there are some notable differences in how trusts can b...

27 Sep 2022

Updates on Bermuda Economic Substance Requirements

The Bermuda Registrar of Companies (ROC) extended the filing deadline for those entities which earne...

18 Aug 2022

Agreements to buy land in Bermuda

The law requires that an agreement for sale and purchase of Bermuda land is in writing. 

4 Aug 2022

PIPA’s Implications For IT Service Contracts

Increasingly, businesses in Bermuda rely on the IT and data-processing services of both domestic and...

21 Jul 2022

Recent Case Clarifies Employer’s Responsibility For Severance Allowance

This article discusses the recent case of C12 Aviation Bermuda Limited v Dr. M. Bradshaw et al [2022...

13 Jul 2022

Novel Cat Bonds on the Horizon

On the back of a robust opening quarter, catastrophe bond issuance remained strong in the second-qua...

8 Jul 2022

Riding the wave

Members of Bermuda’s captive industry talk to Rebecca Delaney about the island’s promising capti...

7 Jul 2022

An LLC may be the right entity for you

Every day, we see clients choosing to incorporate a company limited by shares, often just referred t...

29 Jun 2022

Bermuda’s legal system

Through an elected Bar Council, the Bar Association — in conjunction with the Supreme Court Judici...

29 Jun 2022

Avoid These 3 Common NDA Drafting Mistakes

It is difficult to think of a transaction that doesn’t begin with a confidentiality or non-disclos...