The Limited Liability Company as an Estate Planning Tool
An incorporated body (company) is a legal person in its own right and can acquire and own all types of property in its name. This may include real estate (land and house), cash in the bank, vehicles, shares in a company…you get the point. So the company is able to own any kind of property
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Where There Is A Will, There Is Confusion! Top 5 Common Misconceptions About Wills
When a client told me that she was bestowed two houses, a car, money and farm land under her father’s Will, I had to ask, “How lucky can some people be?!”. But when the same client said she had no intention of probating the Will because “It is abundantly clear that the properties belong to
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SETTLING THE ESTATE OF A DEAD RELATIVE
A client emailed me this week with what I think is a very popular issue found in Caribbean jurisdictions. Many people fail to do any estate planning during their lifetime, and die leaving their estate unsettled. The client explained that his grandfather and grandmother together owned a piece of land and had the title deeds
Read MoreYoung and Broke: How to Finance Your Real Estate Investment
Is there really a “generation of life-time renters” emerging in St. Vincent and the Grenadines? The story is that for the average Vincentian, house prices are way too high, and the options available for a competitive mortgage are way too low. Notwithstanding the seemingly elusive nature of property ownership, there are creative ways to finance
Read MoreHappy New Year!
As we welcome 2017 and the wonderful prospects it holds, we cannot help but be grateful for all the wonderful clients we have had the pleasure of working with this year. It has been an exciting and successful year for us and we are truly grateful that we could have served all our clients excellently
Read MoreThat tricky old lawyer! – How to choose your Real Estate Lawyer
Picture waking up and peering through sheer white curtains to see yellow-tailed birds dancing on the ledge of your beautifully stained wooden patio. You stand at the doorway to gaze on the blue Caribbean Sea. You look to the right, and then to the left to observe gently sloping lands carpeted with lush green vegetation.
Read MoreSOLD!! – Land for Sale – Price Negotiable
Our client is desirous of disposing of this parcel of land IMMEDIATELY! 7,594 square feet of gently sloping land located in Calder Ridge in the parish of St. George in the state of St. Vincent and the Grenadines (not far from the Calder Government School). The land allows for the free flow of surface water
Read MoreSun, Sea and All That Glam – Steps to Owning Property in SVG (Part 2)
Every year, the relatively unspoiled islands of St. Vincent and the Grenadines attract expats, retirees, and the rich and famous. The process to acquire land and property in this island paradise can generate a lot of questions, and will be frustrating if you do not have the right lawyer. Below, we feature some of the
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Sun, Sea and All that Glam – Steps to Owning Property in SVG (Part 1)
Lovely beaches. Charming waterfront hideaways. Quaint little villages. Friendly and accommodating locals. Welcome to St. Vincent and the Grenadines.Spanning approximately 150 square miles and 32 islands and cays, St. Vincent and the Grenadines remains relatively untouched and continues to lure expatriates to its shores. Not many islands can claim to be the home away from
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The Sunday Infernos – What the Recent Fires Are Telling Us
On Sunday August 16, 2015, the Coreas Minimart in Kingstown was totally destroyed by a massive fire that left the owners suffering more than EC$2 million dollars in losses and damage. On Sunday August 23, 2015, again news came that buildings in the capital were on fire. A blazing inferno gutted three unoccupied government buildings: the
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