By Emma
The purpose of this guide is to set out a summary of the principal rules in Jersey relating to non-Jersey domiciled persons who die owning movable assets in Jersey. WILLS If you hold assets in Jersey then we recommend that you put in place a separate Jersey Will to deal…
By Emma
Whilst not a subject of everyday conversation, making a Will is a way for you to ensure that your affairs are in order and your wishes recorded should the worst happen. If you die without having a Will in place your assets will be dealt with under the intestacy provisions…
By Emma
The case of Representation of White Willow (Trustees) Limited [2022] JRC120 provides helpful clarification as to the trustee’s right to reasonable security in the form of an indemnity when making an interim distribution to beneficiaries. This case was another instalment in long running litigation concerning the Foundation, but, in summary,…
By Emma
This note is intended to provide a brief rather than a comprehensive guide to the subject under consideration. It does not purport to give legal or financial advice that may be acted or relied upon. Specific professional advice should always be taken in respect of any individual matter. The…
By Emma
The role of the Royal Court in supervising the administration of trusts is fundamental to the trust concept, with article 51 (1) of the Trusts (Jersey) Law 1984 (the “Law”) permitting a trustee to apply to the Royal Court for directions concerning the manner in which the trustee may or…
By Emma
Recent amendments to the Proceeds of Crime (Jersey) Law 1999 (the Proceeds of Crime Law) have the scope to bring a significant number of entities that carry out business within Jersey (irrespective of whether they are located in or outside of the Island) within Jersey’s regime for the prevention and…
