Guernsey has long been a reputable jurisdiction for wealth
management, and in recent years, its offering has expanded beyond
trusts to include Foundations. A Guernsey Foundation provides an
alternative solution to a traditional Trust structure, offering
greater control and flexibility while being well-suited to modern
wealth management, estate planning, and charitable purposes. This
article provides an overview of Guernsey Foundations, explaining
their key features, benefits, and the scenarios in which they can
be used effectively.
What is a Guernsey Foundation?
A Foundation is a legal entity that holds assets for a specific
purpose or to benefit a group of individuals. It has elements of
both Trusts and companies, blending the flexibility and privacy of
a Trust with the legal personality and structure of a company.
However, unlike a Trust, a Foundation can own property, enter into
contracts, and hold assets in its own name.