This Practice Note, written by David Dorgan, partner of Appleby, Jersey, is a summary of the Jersey Foundations regime. It describes the main features of a Jersey Foundation and briefly addresses the incorporation process, the key persons involved in a foundation and their respective rights and duties, the uses of a foundation and the migration of a foreign foundations to Jersey. The regulation and taxation of foundations is also mentioned.
This Practice Note, written by David Dorgan, partner of Appleby, Jersey, is a summary of Jersey trust law and the types of trust commonly established in Jersey for both private wealth planning and commercial purposes. Jersey regulation and taxation of trusts is also mentioned.
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