header-logo header-logo

18 February 2010 / Janina Porter
Issue: 7405 / Categories: Features , Wills & Probate
printer mail-detail

Making the right choice

Janina Porter outlines when a Jersey Will is recommended

There is a general school of thought that if an individual has Jersey assets—movable or personal—then a Jersey Will should be prepared. This is not always the case. If the Jersey assets are held in trust, or in joint names with another, a Jersey Grant will not be required so there is no need for a Jersey Will.

Further, if a person dies domiciled in the UK (England and Wales, Scotland, Northern Ireland, Guernsey and Isle of Man) and a UK Grant has already been obtained, an application for a Greffier’s Certificate of Jersey Grant of Probate, or Letters of Administration (if the person died intestate) can be applied for. The Certificate is obtained through the “fast-track” procedure and as the name suggests, the Certificate can be obtained quicker and at less expense than applying for a Jersey Grant. In the case of a UK domiciliary therefore, a Jersey Will is not always recommended.

However, a Jersey Will may be appropriate if, for example, the UK domiciliary wants different beneficiaries to inherit the Jersey

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
back-to-top-scroll