On occasion, trustees can find themselves in a situation where
they are considering taking a decision in respect of a trust in
circumstances where there are potentially significant risks
associated with that decision.
Jersey-based trustees, or foreign trustees of Jersey law trusts
who find themselves in such a situation, are able to apply for the
Royal Court's blessing under Article 51 of the Trusts (Jersey)
Law 1984. If successful, this application affords protection to the
trustee in making a decision which they consider to be a
particularly momentous decision in the life of the trust.
5 things to know about blessing applications in Jersey
A momentous decision is one of real importance to the trust, for
example the removal of a beneficiary, the disclosure of trust
documents, the sale or gift of a significant trust asset or a
substantial restructuring of the trust and/or its assets.
