Subjects:

Wills and Probate

Contents:

Trusts in Jersey and Guernsey - An Introduction.

Style.

Principles of Interpreting Trust Documents.

Beneficiaries.

Trustees.

Trustees' Powers.

Trust Property.

Duration of the Trust.

General Provisions of a Trust.

Drafting and Understanding Overriding Powers (Appointment, Re-Settlement and Advancement).

Exercising Overriding Powers.

Settlor Exclusion Clause and Default Clause.

Discretionary Trusts.

Interest in Possession Trusts.

Administrative Provisions.

Will Trusts.

Charitable Trusts.

Non-Charitable Purpose Trusts.

Proper Law, Place of Administration and Jurisdiction Clauses.

Restricting Rights of Beneficiaries.

Execution of Wills and Trusts Instruments.

Appointment and Retirement of Trustees.

Indemnities for Executors and Trustees

Precednts

Appendices

This title provides guidance on best practice when drafting trusts under Jersey and Guernsey law. It advises on the best trust to use in a wide range of situations. It uses a clear, easy to understand style, free of technical jargon. It highlights common drafting mistakes and traps and provides solutions.

• 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 given

It contains precedents which are also provided on CD-ROM for quicker drafting, and covers both lifetime trusts and will trusts. It cites Jersey and Guernsey cases, both reported and unreported, and explains the differences between Jersey and Guernsey trust law. It takes into account forthcoming changes in Jersey law.