By Naomi Rive
With wealth accumulating at record speeds in China there is a
real need for high net worth individuals and entrepreneurs to give
consideration to their wealth management requirements. In Jersey we
are well placed to assist with this. Not only do we have a
sophisticated private client wealth management industry, which is
cutting edge in terms of the structures that it can offer, we also
have a substantial body of trust and legal professionals, an
enviable regulatory regime and a leading court system.
Trusts, companies, limited partnerships and foundations are just
some of the varied structures that Jersey can offer, along with the
establishment of private trust companies (PTC) and family offices
for ultra high net worth families. Jersey law trusts continue to
hold a number of attractions. They are the tried and tested option
and, thanks to ongoing amendments to the Trusts (Jersey) Law 1984,
remain responsive to the needs of modern day settlors