Board appointment to the wealth generating company owned by a family

A BVI company had been established in previous years by a successful businessman and his son-in-law. Following the demise of the father in-law, the second generation was advised to establish and reinforce a specific tax domicile. The adviser directed the family to one of the Rocquaine principals in Jersey, who was then appointed as the only non-family member on the board of the family’s wealth-generating company.