Bahamas: Trusts

On May 21st, 2013 Higgs & Johnson appeared on a ground-breaking and successful application by a Trustee for an Order declaring that the RAPAA shall apply to a disposition created before 30th December, 2011 thereby abolishing the application of the applicable rule against perpetuities.

A discussion on the changes brought in by the Banks and Trust Companies Regulations, which introduced a light touch regulatory regime for private trust companies in The Bahamas.

The Higgs & Johnson Guide to Authorised Purpose Trusts ("PTs") in The Bahamas explores the unique nature of PTs, their characteristics, and their most common uses.