Guernsey Discretionary Trusts and Pension Trusts

The use of Guernsey trusts - most often discretionary trusts - remains one of the most effective tools in long term tax planning and asset protection.

Legal ownership of an asset passes from the owner to the Trust, although depending on the circumstances, the 'owner' can often still enjoy the use of the assets.

The use of Guernsey discretionary trusts is particularly effective in situations where restrictions of forced heirship rules might otherwise restrict the ability of a client to leave assets to the person of their choice.