Jersey: Trusts

In a landmark decision of the Privy Council, Ashley Dawson-Damer v Grampian Trust Company Ltd [2025] UKPC 32 (Dawson-Damer), the Privy Council has grappled with a US$402m trust dispute in which a discretionary beneficiary sought to set aside appointments that transferred 98% of trust assets to new trusts from which she was excluded from benefit.

In recent months we have seen growing demand in the Channel Islands from Ultra High Net Worth US families and their advisors who are interested in establishing asset protection structures in well regulated 'safe harbour'...

It is often thought that a discretionary decision made by a trustee is difficult or sometimes even impossible to challenge.

Non-charitable purpose trusts ("Purpose Trusts") have become an increasingly important part of the Trusts (Jersey) Law 1984, as amended (the "Trusts Law"). Unlike traditional trusts, Purpose Trusts do not have beneficiaries.

Private trust companies ("PTCs") have been widely used in international structured finance transactions for many years and they are now increasingly being used...

When the Conservative Party announced their proposal to abolish the existing non-dom regime in March 2024, there was an audible sharp intake of breath from clients and practitioners across the tax, private client and trust industries.

Millennials have a more sustainable mindset than previous generations.

Former Prime Minster of the United Kingdom Boris Johnson famously disagreed, but most people stand by the proverb that ‘you can't have your cake and eat it too...

Private Client & Trust Law – Join Nichola Aldridge as she talks about the best way to set up a trust and how to start a structure.