View from Carey Olsen

Cayman trusts: A toolbox for tough times

With trust assets becoming more unusual in nature, beneficiaries establishing careers and family homes across the globe, and the regulatory environment growing increasingly complex, the modern trustee can be faced with a wide range of issues to address and challenges to overcome.

Implementation of court orders involving non-parties – a warning from Guernsey

Family practitioners are well-versed in avoiding potential pitfalls of implementing and enforcing settlements agreed in the family courts. Particular difficulties can arise where an order requires steps to be taken by non-parties resident outside the jurisdiction of the relevant court, potentially requiring unexpected further (and avoidable) litigation to give effect to such an order.

A practical guide to setting up a family office in Jersey

Around the world family offices are growing in number. Family offices are increasingly becoming the organisation of choice for very wealthy families because they can be tailored to meet the individual needs of the families establishing them.

Relocation: Your move to Jersey…

For decades, Jersey has opened its doors to a limited number of individuals and businesses attracted not only by the Island’s charm and beauty but also by the many advantages to be gained from its location. Here, Carey Olsen property partner Christopher Philpott summarises some of the key points to consider.

Relocation: Your move to Guernsey…

An increasing number of wealthy individuals, entrepreneurs and financial services principals have chosen to move to Guernsey with their families in recent years, with some also relocating their businesses to the Island. Here, Carey Olsen property partners Jason Morgan and Davey Le Marquand look at some of the practical issues to consider when contemplating a move to Guernsey.

Financial Services Disclosure Law: impact on Jersey foundations

The Financial Services (Disclosure and Provision of Information) (Jersey) Law 202 was adopted by the Government of Jersey on 14 July and is currently awaiting approval from the Privy Council. We anticipate that the Disclosure Law will come into force towards the end of 2020.

Effective philanthropy – does giving make you richer?

What if philanthropy was turned on its head along with the rest of the world in March 2020 as a result of COVID-19? Here, Carey Olsen’s Andrew Munro explains how Guernsey’s financial services sector is well-placed to help those in their quest for effective philanthropy.

A focus on pension schemes in Guernsey and Jersey

Working as a pensions lawyer in both Jersey and Guernsey, Carey Olsen’s Julie Currie is perfectly placed to provide an insight into the pensions industry in each of the islands. Here, she sets out a few of the key recent developments impacting pension schemes in Jersey and Guernsey.