Trusts And Trustees

Jersey is a world-leading jurisdiction for the establishment and management of trusts and is an ideal location for international asset holding trusts, their trustees and beneficiaries and settlors. A trust is an arrangement whereby one person (the "settlor"), transfers money or other assets to one or more trustees to hold for the benefit of others (known as the "beneficiaries"). A settlor can name anyone (including themselves) as a beneficiary and retain certain powers.

Jersey: A proven choice for trusts

There are a number of attractive and flexible structuring options for trusts, including:

• Discretionary trusts: A discretionary trust is most common and, unlike a fixed trust, the trustee has discretion to decide the share of capital and income which each beneficiary will receive. It can provide more flexibility than a fixed trust; the trustees can respond to future circumstances as and when they arise and also take into account guidance through letters of