Parish Group

Foundations Law comes into force in Guernsey

February 26, 2013Charlotte Grisleynews

The Foundations (Guernsey) Law 2012 came into force on 7 January 2013. This new law enables Guernsey to offer an exciting new vehicle to a wide variety of clients, which can be used for private, charitable and corporate uses.  Foundations are a good alternative to a trust for clients from a civil law jurisdiction who are less familiar with the use of trusts.

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