Collas Crill’s fiduciary team advises institutional trustees and high net worth individuals on all aspects of Guernsey and Jersey trust law.

Welcome to Collas Crill and our first Fiduciary Update. As you would be aware, on 4 April 2011 Collas Day in Guernsey and Crill Canavan in Jersey merged to form the Channel Islands newest and brightest law firm. As Collas Cr...

As we look towards the final quarter of 2011 we are pleased to bring you information and comment on our industry in our first edition of Collas Crill Fiduciary News. Our specialist team in Guernsey and Jersey look at the Foreign Accoun...

Guernsey's draft Image Rights legislation was released on Wednesday for consultation. This legislation will see Guernsey bring in a registrable image right - a world first. Commerce & Employment are holding a seminar on 24 Feb...

In this first issue of Fiduciary News for 2012 we are pleased to send you news, hot off the press, of the US Treasury's release of regulations relating to the reporting and tax withholding requirements of Foreign Financial Institutions ...

A JPUT is a specialised trust, which is constituted by an instrument of trust, with the trustee holding the assets on trust for the unit holders (the investors). This document discusses the advantages and key benefits of a JPUT.

Islam is the second largest and fastest growing religion in the world. When protecting and preserving his wealth, the client must, with professional advice, take into account not only the various tax liabilities of his country of residence but also the likely impact of any forced heirship provisions. This factsheet outlines how foundations or trusts can be successfully tailored to form an important part of a client’s strategy for safeguarding asset(s) while complying with Sharia law.

The Trusts (Amendment No. 5) (Jersey) Law 201- was adopted by the States of Jersey on 3 November 2011 and is awaiting its sanction by H.M. Privy Council before being brought into force, which is likely to be in the first half of 2012. Rather than introducing new concepts into the Trusts (Jersey) Law 1984, such as the anticipated trustees’ non-possessory lien, the Amendment clarifies certain matters which have previously been the subject of some debate. This briefing outlines the amendments it contains.

Marcus Hinkley discusses the various advantages of Guernsey as a trust jurisdiction.

This case note reviews the Alhamrani v Alhamrani case, in which Kathryn Purkis and Nuno Santos-Costa represented Sheikh Abdullah Ali Alhamrani in this landmark case.

In the present economic turmoil, trustees and foundation councils have to be more mindful than ever of the manner in whichthey invest assets. David Dorgan looks at the options.

The Foundations (Jersey) Law 2009 came into force on 17 July 2009 and created what was hailed as an important new wealth management vehicle to assist in Jersey’s development of relations with new markets, particularly the Middle East, India and China. This was the culmination of over three years’ work. Thequestion is whether the Jersey Foundation will prove to be a success or will the exercise transpire to have been a waste of time. Richard Pirie explains.

An article outline two recent Hasting-Bass cases: Pitt v Holt [2010] and Futter v Futter [2010].

In this article, David Dorgan, provides a brief overview of the most popular schemes, but also highlight the potential opportunities for Jersey trust companies.

This article David Dorgan provides a brief overview of the most popular schemes, but also highlight the potential opportunities for Jersey trust companies.