The 2nd edition of Drafting Trusts and Will Trusts in the Channel Islands discusses the principles of Jersey and Guernsey trust law, enabling practitioners to interpret and understand existingtrust settlements and to draft new ones with confidence.
Highlights the differences between Jersey and Guernsey trust law
Enables you to understand the law and to draft safe, accurate trusts, according to the law in either jurisdiction
Advises on the best trust to use in each situation and provides solutions to drafting problems
Highlights common mistakes and traps
Covers both lifetime trusts and will trusts
Cites Jersey and Guernsey case law, both reported and unreported
Offers a clear, easy-to-understand style, free of technical jargon
Contains precedents which are also provided on CD-ROM for quicker drafting
Written by two highly regarded trust practitioners, so you know you can rely on the advice give
To keep you fully up to date, this new edition includes the following new legislation:_
Both Jersey and Guernsey have introduced foundations legislation, Jersey in 2009 and Guernsey in 2012.
This is a significant addition to the range of asset holding entities available in both Islands and the second edition of the book dedicates a chapter to this and a Jersey foundation precedent is included.
Jersey has introduced its own civil partnerships legislation in 2012 and this edition reflects this and includes in respect of both Jersey and Guernsey, amendments to the provisions concerning the rights of children born outside traditional marriages.
Guernsey amended its inheritance laws by the Inheritance (Guernsey) Law 2011, which abolished that Island's forced heirship rules and introduced a right to make application for financial provision available to those within a specific class of persons, on the basis that the testator not make reasonable financial provision for the applicant.
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