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ARTICLE · 02 JULY 2024

Jersey Court Saves Charitable Trust Through Severance

Carey Olsen
Carey Olsen
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In the Matter of the Estate of the Late Constantin Mattas [2024] JRC 068, the Royal Court of Jersey was asked to consider the construction and validity of a 1970s Jersey...

JerseyCorporate/Commercial Law

‘A win for promising, intelligent, young Greek men: Jersey Court saves charitable trust through severance'

In the Matter of the Estate of the Late Constantin Mattas [2024] JRC 068, the Royal Court of Jersey was asked to consider the construction and validity of a 1970s Jersey law will trust established by a doctor who had lived in Jersey for a number of years, but was originally of Greek origin.
 

What were the facts

Dr Constantin Mattas ("Dr Mattas") passed away on 30 November 1979, domiciled and resident in Jersey. Dr Mattas died without a spouse or children, but he left an elaborate will directing how he wished his movable assets to be dealt with(the "Will").

Dr Mattas was survived by his two nephews, Philippe and Jean-Pierre Mattas (the "Nephews"). Under his Will a number of specific legacies were made, with the residue to be used to establish a trust (the "Trust"). The terms of the Trust directed the trustee to accumulate the Trust income for 20

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