eprivateclient

Guernsey private trust companies - Recent enhancements

Andrew Walters, director, Trust Corporation International, 01/08/2019

Guernsey’s continuing programme of innovation and improvement in company, foundation and trust legislation has helped to deliver enhanced levels of flexibility in relation to the ownership and operation of PTCs. Foundations and non-charitable purpose trusts, both of which feature in Guernsey’s toolbox provide a means of ensuring perpetuity and independence of ownership whilst the ability to migrate a PTC in to or out of Guernsey, and to easily replace directors and other service providers, has ensured portability without disturbing the underlying trusts. Planned improvements to the island’s trust law are due for presentation before G...


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