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ARTICLE · 21 OCTOBER 2008

The Uses And Advantages Of Jersey Trusts

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The purpose of this briefing note is to set out some of the uses and benefits of Jersey trusts

JerseyWealth Management

The purpose of this briefing note is to set out some of the uses and benefits of Jersey trusts. Primarily, they revolve around wealth management and preservation.

ANONYMITY AND CONFIDENTIALITY

The separation of legal and beneficial ownership (which is the hallmark of a trust) means that the trustee and not the beneficiaries will be the registered owner of the trust assets. For example, if the trust assets comprise of shares in a company, it is the trustee that will be recorded as the owner in the company's share register (although the register will not show the name of the trust).

The trust instrument itself is not a public document and is not required to be registered in any official or public register maintained by the authorities.

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