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ARTICLE · 29 MAY 2020

Updated: Wills For Jersey Residents

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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A Will is a legal document in which you set out how you would like your estate to be dealt with after your death. It contains the names of the individuals or institutions whom you want to receive your assets.

JerseyFamily and Matrimonial

A Will is a legal document in which you set out how you would like your estate to be dealt with after your death. It contains the names of the individuals or institutions whom you want to receive your assets. Your property and personal possessions are collectively referred to as your estate.

What is a Will?

Jersey law treats movable and immovable assets differently for succession purposes, therefore we need to consider them separately when looking at your estate planning needs. Movable assets include things such as bank accounts, jewellery, furniture, cars, life insurance proceeds and shares (including shares in a property holding company entitling the owner to occupy a share transfer apartment). Immovable assets are freehold property in Jersey and also include commercial premises, farms and fields, contract leases for more than nine years and flying freehold apartments. Different rules apply to the inheritance of movable and immovable assets in Jersey so it is

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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