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ARTICLE · 23 OCTOBER 2024

Jersey Private Trust Companies

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Private trust companies ("PTCs") have been widely used in international structured finance transactions for many years and they are now increasingly being used...

JerseyCorporate/Commercial Law
Keith Dixon
Keith Dixon
Alexa Saunders
Alexa Saunders
Victoria Connolly
Victoria Connolly
Stephen Fitzgerald
Stephen Fitzgerald
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Private trust companies ("PTCs") have been widely used in international structured finance transactions for many years and they are now increasingly being used by high net-worth private clients, who prefer to establish their own PTC to act as the trustee of their family trusts, rather than transferring assets to an offshore service provider's professional trustee company.

This briefing note considers key issues relating to the establishment and use of a Jersey PTC in the context of private wealth management. References to "PTCs" are to companies which operate as corporate trustees, although it is also possible for a foundation to act as a private trust foundation (a "PTF").

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