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Trusts [2021] JRC 171

Representation of Crestbridge Trustees Limited and Anor re Avocado Trust

Representation of Crestbridge Trustees Limited and Anor re Avocado Trust [2021] JRC 171 (15 June 2021)

The Jersey Royal Court set aside a nominee arrangement and bare trust declaration after finding the trustee acted under a serious mistake about SDLT consequences.

  • Mistake in trust administration
  • Stamp duty land tax (sdlt)
  • Annual tax on enveloped dwellings (ated)
  • Setting aside transactions
  • Fiduciary powers
  • Nominee arrangements
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