Regulatory Alerts2021-06-22
Probates (Resealing) Act, 2021
The Legislature of the Virgin Islands enacted this Act to authorize the resealing of foreign probates and letters of administration, granting them full legal effect locally upon High Court approval. The Court mandates payment of applicable stamp duties and may require security for local creditors before sealing, while recognizing estates from 67 designated jurisdictions including the United Kingdom and the United States. The legislation repeals prior resealing laws, empowers the Governor to amend the recognized jurisdiction list via Order, and establishes court rules governing related procedures and fees.
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