Foundations and Guernsey’s new law will be the focus of the Collas Crill STEP Guernsey February lunchtime lecture on 27 February.
Carey Olsen partner Russell Clark, who will deliver the lecture at 12 noon at the OGH on Wednesday, 27 February, was one of the Guernsey experts consulted when the decision to introduce a foundations law was made. The law came into force on 8 January this year. Five foundations have already been registered in Guernsey.
STEP chairman Paul Hodgson said the new foundations law was of great interest to anyone working in the private client sector and it was important that STEP Guernsey members understood it well.
“Russell Clark is a pillar of the legal fraternity particularly when it comes to private client matters. He offers in-depth insight and advice on issues which are directly relevant to the Channel Islands and he will no doubt bring his style and expertise to this lecture,” Mr Hodgson said.
Collas Crill foundations expert, Edward Stone, has seen considerable interest in foundations.
“The new law is attracting new clients to Guernsey particularly from the Middle East as well as other jurisdictions such as Russia where trusts are not readily used. It is clear that foundations will have an increasingly important role in offshore fiduciary structures and this is an ideal opportunity for local practitioners to learn more,” he said.
Advocate Clark has been named as one of the world’s top 25 pre-eminent trusts and estates legal practitioners as part of The Best of the Best Expert Guide for 2011 and 2012. He heads up the fiduciary department in Carey Olsen’s Guernsey office advising on both contentious and non-contentious trust matters. Specialising in the establishment of complex trust structures for businesses and private individuals, he regularly advises and lectures on compliance issues.
He was admitted as a Supreme Court of England and Wales solicitor before returning to Guernsey where he qualified as an advocate in 1997. He was appointed a partner in 2001 and became a notary public in 2006.
The 45-minute seminar costs £20 for members, £30 for non-members and £10 for students.
Please reserve seats by e-mail to firstname.lastname@example.org.