Carey Olsen

Probate and estate planning administration for Guernsey domiciliaries Why do I need a Guernsey grant of probate or administration? Guernsey is an independent legal jurisdiction for estate administration purposes. When a person dies leaving assets in Guernsey it is likely their personal representative will be required to obtain a Guernsey Grant of Probate or Administration in order to receive the Guernsey assets. For smaller estates, the value of which varies from institution to institution, the local institution may be willing (but is not obliged) to release the funds to the personal representative in return for an indemnity...

Probate and estate planning administration for non-Guernsey domiciliaries Why do I need a Guernsey Grant of Probate or administration? Guernsey is an independent legal jurisdiction for estate administration purposes. When a person dies leaving assets in Guernsey, it is likely their personal representative will be required to obtain a Guernsey Grant of Probate or administration in order to receive the Guernsey assets. If the value of the estate is under £10,000, the local institution may be willing (but is not obliged) to release the funds to the personal representative in return for an indemnity...

Guernsey trusted location for pension scheme longevity swaps An original version of this article was first published by Captive Intelligence, May 2024 Guernsey is a popular European domicile for many UK defined benefit (DB) pension scheme longevity swaps, according to Christopher Anderson, partner at law firm, Carey Olsen. A defined benefit (DB) pension scheme longevity swap is a financial transaction used by pension funds to manage the risk of increasing life expectancy among their beneficiaries...

A look at Carey Olsen and their prominent position in the offshore trusts and private client space What was the winning formula of your firm/you that explains why you won? Carey Olsen is at the forefront of the offshore private client space and can attribute its win to a number of factors. It is one of the largest offshore trusts and private wealth teams with a collegiate group of lawyers who collaborate on several high-value, cross border matters...