BKS Family Office News

Doctrine of Mistake enshrined on Jersey trust law

Doctrine of Mistake enshrined on Jersey trust law

12 November 2013

A recent amendment to Jersey Trust Law gives statutory force to the case law developed in Jersey in relation to the Hastings-Bass principle and the doctrine of mistake for trusts governed by Jersey law. The Amendment is retrospective and rejects the narrowing of Hastings-Bass by the Supreme Court of England and Wales in the 2013 decisions in Pitt v Holt and Futter v Futter, while reinforcing the similarity of the Royal Court and Supreme Court approach to mistake.

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Building on firm foundations

Building on firm foundations

23 October 2013

We have recently seen increased interest in the use of Foundations for succession planning particularly from clients in civil law jurisdictions. The Jersey Companies Registry now shows there have been 231 Foundations registered in Jersey.

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BKS Family Office

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Charles Bisson House
30-32 New Street
St. Helier
Jersey JE1 8FT
Channel Islands

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