Appleby Bermuda contributes to a new Special Report on Family Philanthropy

Published: 3 Feb 2022
Type: Insight

First Published by Globe Law Business

Partner and Group Head of the Private Client and Trusts department in Bermuda, Vanessa Schrum has authored the chapter on ‘Caribbean choices’ in a Special Report on Family Philanthropy, published by Globe Law and Business.

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, you can order yours from the Globe law & business website. 

 

Share
More publications
050-Insolvency-Restructuring-Grid-Image
13 Jul 2026

Bermuda: Restructuring & Insolvency

This country-specific Q&A provides an overview of Restructuring & Insolvency laws and regulations applicable in Bermuda.

Appleby-Website-Regulatory-Practice
10 Jul 2026

It’s healthy to sometimes disagree with regulators

At some point, almost every regulated business will disagree with its regulator.

Appleby-Website-Privacy-and-Data-Protection
8 Jul 2026

Bermuda Privacy Commissioner Signals Shift to Stronger PIPA Enforcement

The Office of the Privacy Commissioner (PrivCom) has issued its first annual report since Bermuda's Personal Information Protection Act 2016 (PIPA) came fully into force, with the reports content signaling a transition from education and implementation to a stronger focus on enforcement.

Bermuda-1024x576-1
1 Jul 2026

A Forest for the Future

A first since the blight, the airport cedar forest is growing tall and standing strong.

Appleby-Website-Regulatory-Practice
1 Jul 2026

Complied out of business

Firms are complying themselves out of business because compliance no longer matches the evolving sophistication of the Bermuda Monetary Authority (BMA).

Appleby-Website-Insurance-and-Reinsurance
1 Jul 2026

The long game: how Bermuda became the world’s life reinsurance capital

Ask a life insurer in New York, London or Tokyo where the liabilities behind their book ultimately sit and there is an increasingly good chance the answer is a 21-square-mile island in the North Atlantic.

Appleby-Website-Insurance-and-Reinsurance
1 Jul 2026

Record H1’26 Cat Bond Issuance Driven by Rising Sponsor Comfort and Diversified Risk

With H1 2026 officially breaking the record for the most catastrophe bond deals to come to market and settle in the first six months of the year, a key trend driving this momentum is how comfortable sponsors have become with the mechanics of the overall cat bond space. This familiarity has ultimately encouraged a wave of new sponsors to enter the market, according to Brad Adderley, Managing Partner at law firm Appleby.

Appleby-Website-Employment-and-Immigration
12 Jun 2026

The Cost of Getting Employee Departures Wrong: Five Common Pitfalls for Bermuda Employers

Employee departures are an inevitable part of running a business, but the way they are managed can have significant legal, financial and operational consequences. In Bermuda, employers who approach terminations without adequate preparation may expose themselves to unnecessary disputes, regulatory issues, and reputational harm. Whether an employee is being dismissed for performance reasons, made redundant or departing as part of a negotiated exit, by recognizing the following common mistakes and taking a proactive approach, organizations can manage departures more effectively and reduce risk.

Appleby-Website-Privacy-and-Data-Protection
8 Jun 2026

It’s time to bridge Pipa compliance gap

A review of 200 publicly available privacy notices of companies in Bermuda has revealed that just one in nine are fully compliant with the Personal Information Protection Act 2016.

Appleby-Website-Privacy-and-Data-Protection
26 May 2026

Transparency is a legal requirement under Pipa

Major companies across the European Union have faced substantial fines between 2019 and 2024, estimated at a total of €930 million (about $1.08 billion), not only for cyberattacks or data breaches, but also for issues such as noncompliant privacy notices. A common theme in many cases has been a lack of transparency.