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ARTICLE · 24 SEPTEMBER 2024

Understanding Guernsey Trust Structures: A Guide By Dixcart Guernsey

Guernsey has long been recognised as a leading jurisdiction for Trust structures, offering a stable, well-regulated environment ideal for wealth management and succession planning.

GuernseyCorporate/Commercial Law

Background

Guernsey has long been recognised as a leading jurisdiction for Trust structures, offering a stable, well-regulated environment ideal for wealth management and succession planning. At Dixcart Guernsey, we have extensive experience in establishing and administering Trust structures tailored to meet the diverse needs of our clients since 1975.

This article provides an overview of the key elements of Guernsey Trust structures, highlighting their benefits and explaining why they remain a popular choice for individuals and families seeking to protect and manage their wealth.

What is a Trust?

A Trust is a legal arrangement where one party, known as the settlor, transfers assets to another party, the trustee, to hold and manage for the benefit of third parties, the beneficiaries. The trustee is legally obligated to manage the Trust assets in accordance with the terms of the Trust deed and the applicable laws, ensuring that the beneficiaries' interests

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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.

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