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ARTICLE · 02 JUNE 1997

Wills And Executor Services

GuernseyAntitrust/Competition Law
A lesser part of the fiduciary activities in Guernsey is the provision of executorship services. Assets situated in Guernsey owned by overseas residents very often consist of bank deposits and investments in collective investment schemes.

The necessity of making a valid will to deal with the assets of the individual on death is very important and without such a document the estate will fall to be dealt with according to the intestacy laws of the country of domicile of the deceased. These laws may well provide for the disposal of the assets in a manner totally different to the true wishes of the deceased.

Many fiduciary companies in Guernsey offer a specialised service for acting as executor of wills dealing with the estate of both Guernsey resident and non-resident clients.

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