Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 28 MARCH 2023

Trusts: Comparison Between The Crown Dependencies

Appleby
Appleby
Contributor
Appleby

Appleby

Appleby is a leading offshore law firm. The team of legal specialists advise global public and...

View firm profile
Explore more from Appleby

Our private client and trusts lawyers in Guernsey, Isle of Man and Jersey outline some of the key similarities and differences in trusts law across the three jurisdictions.

GlobalCorporate/Commercial Law
Nichola Aldridge
Nichola Aldridge
Paula Fry
Paula Fry
Melissa Wong
Melissa Wong
Author LinkedIn connections

Our private client and trusts lawyers in Guernsey, Isle of Man and Jersey outline some of the key similarities and differences in trusts law across the three jurisdictions. Appleby is unique in that it is the only offshore law firm to advise on the laws of all three Crown Dependencies. Please note this is only a high level summary of the trusts law in Guernsey, Isle of Man and Jersey and specialist legal advice should be sought.

TRUSTS – MAXIMUM PERMITTED DURATION

  • The trust laws of Guernsey, Isle of Man and Jersey permit trusts of unlimited duration (except for non-charitable purpose trusts in the Isle of Man having a maximum duration of 80 years).

TRUSTS FOR NON-CHARITABLE PURPOSES

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Guernsey Trusts Law Reforms – Key Points

Guernsey has approved targeted amendments to its Trusts Law following a comprehensive review by industry and government bodies. The reforms address practical issues in trust administration, clarify key provisions around settlor and protector powers, and enhance dispute resolution mechanisms. These changes aim to maintain Guernsey's competitive position as a leading international trusts jurisdiction while preserving the core strengths of its existing legal framework.
GuernseyCorporate/Commercial Law
Walkers
Walkers
Article

BMA Sets Out Phased Path To A Bermuda Insurance Resolution Regime

The Bermuda Monetary Authority has published a consultation paper outlining the first phase of a resolution regime for the commercial insurance sector, designed to align with international standards. The framework establishes the BMA as the Resolution Authority with five core objectives and defines which insurers will fall within scope. This phased approach raises important questions about governance, recovery planning, and the practical implications for domestic insurers and Internationally Active Insuranc
BermudaInsurance
Appleby
Appleby
Article

The Long Game: How Bermuda Became The World’s Life Reinsurance Capital

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.
BermudaInsurance
Appleby
Appleby