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Foundations at five

Zillah Howard provides an overview of some of the features Jersey’s foundation law has brought to the jurisdiction 

19 September 2014

Five years after its introduction, the Jersey foundation has established its position as a popular addition to structuring opportunities in Jersey.

From the beginning, three broad categories of use for the Jersey foundation were clearly identified - for succession planning, as orphan structures for specified purposes, and for philanthropy - and these continue to develop, utilising the flexibility offered by the Foundations (Jersey) Law 2009.

As a new form of incorporated vehicle, rather than an exact equivalent of foundations established in other jurisdictions, the Jersey foundation appeals both to clients who are already familiar with foundations, and to those for whom particular features suit their specific structuring requirements.

Key features

The key features of the Jersey fo...

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