A trust can play an important role in your financial plan, but it’s essential for it to be set up correctly.
When it comes to financial planning, the main purpose of a trust is to keep your estate out of probate after your death. It’s a legal entity that holds onto your assets before eventually releasing them to your intended beneficiaries.
In cases where a trust is an appropriate financial planning solution, we work with the Genus Trust Company in Jersey, as they are specialists in providing trustee services. Just like we do, the company places a premium on forging long-term relationships with clients and offers a wide range of solutions to those looking to hold assets in this way.
As a trustee, the Genus Trust Company represents the interests of beneficiaries and makes sure that client’s wishes are carried out as required. Their advice is detailed, discreet and confidential, making the setting up of a trust as smooth and stress-free as possible for everyone involved.
This involves the referral to a service that is separate and distinct to those offered by St. James’s Place.
Please note that trusts are not regulated by the Financial Conduct Authority, although the Genus Trust Company is regulated by the Jersey Financial Services Commission.