Private Trusts & Foundations
Baycourt Chambers is considered a premier law firm for representing local and international high-net worth individuals who are resident to The Bahamas as well as non resident both owning assets in The Bahamas by protecting and preserving their wealth and meeting the needs of their loved ones or beneficiaries through estate planning.
We have qualified legal professionals who are also members of the Society of Trust and Estate Practitioners (STEP), an international organization of trust practitioners.
Our expertise includes on and offshore trusts, formation and administration of foundations and trusts, estate administration and probate litigation.
Many concepts are available with specific goals designed to protect and preserve our client’s asset. Estate planning includes marital and family, irrevocable life insurance, education and dynasty trusts. Our capable attorneys are engaged to determine each client’s goals and objectives and inform clients of planning opportunities.
Baycourt Chambers not only provides assistance as expert lawyers but as ‘trusted advisors’ who support our client’s affairs as a whole, help them to achieve their primary objectives and to provide solutions rather than simply identifying problems.
We have a deep understanding of the Foundation Act, 2004 and the Trust Act, 2011 which addresses all the pertinent issues regarding the formalities, administration and juridical nature of Bahamian Foundations.
We provide counsel to trustees and personal representatives on complex estate and trust law including the following:
- Civil law and common law estate planning
- Benefits of segregating assets
- Separate voting and economic benefits, and creditor protection.
- Appointment of Trust assets
- Formation and revocation of foundations
- Liaise and communicate with Trustees and protectors
Where appropriate we also introduce clients to trust companies operating worldwide to guarantee the best of legal advice and expertise.
