ARTICLE · 27 DECEMBER 2019

Part Three: What Are Jersey Foundations Being Used For?

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With 2019 marking the tenth anniversary of the introduction of Jersey foundations into Jersey law, in a series of articles Grant Barbour, Managing Director - Private Client breaks down their key

JerseyFamily and Matrimonial

With 2019 marking the tenth anniversary of the introduction of Jersey foundations into Jersey law, in a series of articles Grant Barbour, Managing Director - Private Client breaks down their key features, components and use-case.

Part one: Key features of a Jersey foundationPart two: Examining the structure of a Jersey foundation

What are foundations being used for?

In view of the Foundations (Jersey) Law 2009's (the "Law") flexibility, Jersey foundations are being used for a wide variety of reasons, of which three broad categories of use stand out; succession and estate planning, orphan structures for specified purposes, and philanthropy. In this article, we'll highlight why the Jersey foundation is particularly popular for succession and estate planning.

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