Guernsey's fiduciary offering was the centre of attention last month, when the jurisdiction's promot...
Guernsey's fiduciary offering was the centre of attention last month, when the jurisdiction's promotional agency held a conference in London.
Around 150 delegates attended the Guernsey Fiduciary Forum, hosted by GuernseyFinance and the Guernsey Association of Trustees.
Speakers covered topics such as purpose trusts, private trust companies and cellular structures for families (PCCs and ICCs). The event concluded with an interactive debate on blue skies thinking, including intellectual property rights and foundations.
Anthony Thornhill QC, head of Pump Court Tax Chambers and conference chairman, said: "Guernsey is quite a hive of intellectual activity when it comes to devising new structures."
You might have quite a problem deciding whether you want a hybrid company, a purpose trust or a foundation but at least you have got the choice. It seems quite a healthy approach to ask people what they want and then organise the legal structure to do it."
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