Trusts In Guernsey - Confidentiality

K
KPMG

Contributor

Guernsey Wealth Management

There are no requirements for the public filing of trust deeds or trust accounts or for trusts to be registered. For additional confidentiality a declaration of trust may be used instead of a more usual trust deed. A declaration of trust is made solely by the trustee receiving the assets and is otherwise identical to a deed but for the fact that the settlor is not a party to it and his name does not appear on it.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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