ARTICLE · 27 MAY 2008

Changes To Guernsey’s Trusts Law

Guernsey Finance

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On 17 March 2008, a brand new Guernsey trusts law came into force, providing new opportunities for the fiduciary sector in Guernsey and better protection for both settlors and trustees. The new Law should take Guernsey forward into a new era in trust business and act as a solid platform for further success.

GuernseyWealth Management

John Lewis

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On 17 March 2008, a brand new Guernsey trusts law came into force, providing new opportunities for the fiduciary sector in Guernsey and better protection for both settlors and trustees. The new Law should take Guernsey forward into a new era in trust business and act as a solid platform for further success.

While the Trusts (Guernsey) Law, 2007 is a new piece of legislation and replaces the whole of the existing Trusts (Guernsey) Law, 1989 and all amendments thereto, it will not be unfamiliar to those in the trusts industry. The new Law is a consolidation of the existing 1989 law together with the new innovations highlighted below.

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