The past year has been a difficult and unsettling one for many.
Some have lost or been separated from loved ones, while others have
had a moment to pause and reflect on what matters most to them and
what the future may bring. This is no less true for the
international clients who work with the fiduciary sector here in
Guernsey.
A trend which we have seen gain real momentum over the past year
was the shift in the attitude of clients who had previously put off
dealing with those tricky questions about their estate planning and
may not have been particularly open to engaging with the next
generation about this.
The pandemic has spurred many of these clients to act and it has
been an exceptionally busy time for those working in the industry.
The pandemic has given both clients and service providers the
opportunity to question whether existing arrangements and
governance procedures are fit for the future. Guernsey service
providers and advisers are well placed to