Morgan & Morgan

Throughout my career as a banker and as an attorney, as well as through experiences with friends and their families, I have noticed that there is no topic more taboo than talking to someone about their death and how they intend to distribute their accumulated assets during their lifetime. It is incredible that, for many, this topic is so difficult to face with an objective mind to leave their estate affairs in order, no matter how small it may be. After all, as the flamboyant singer of the band The Doors, Jim Morrison, said when referring to life: "Nobody gets out of here alive...

The United Kingdom (UK) Economic Crime (Transparency and Enforcement) Act (the Act”) came into force on 15th March, 2022. A new Register of Overseas Entities will be created and held by Companies House. This new Act forms part of the UK government’s strategy to combat economic crime, while making sure that legitimate businesses continue to see the UK as a great place to invest. What does this mean?The new register will require overseas entities that purchased any UK land (which for the avoidance of doubt includes all residential, commercial, or agricultural property) on or after 1 January 1999 to declare its beneficial owners or managing officers...

This article is intended to inform about the advantage of using a “Reserve Director” in the jurisdictions of the British Virgin Islands (BVI) and Belize.As is known, these jurisdictions allow a single director and shareholder to be maintained and both roles can be executed by the same natural person. This allows absolute control of the company and total confidentiality; however, it is a fact that, in the event of the death of that person, the company would be left in an uncertain state, without being able to appoint new directors until the succession process is completed...

For the ninth consecutive year Morgan & Morgan has been designated a "Band 1" Law Firm in Panama in the Private Wealth Law section of Chambers High Net Worth Guide 2024, a publication aimed at the international private wealth market and estate planning and a key reference point of the world´s leading firms in terms of service excellence and reputation. Six attorneys were also distinguished with top rankings as Notable Practitioners in the guide:Roberto Lewis Morgan (Senior Statespeople), Of Counsel, recognized for his depth of expertise in wealth preservation and distribution matters, including private interest foundations and corporate vehicles...