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Why should I have Guide to Wills

& Probate for

a Jersey Will? individuals domiciled


outside Jersey

If you have an existing Will in place that you intend to cover your Jersey assets
held in your sole name or joint names (bank accounts, investments, shares in a
Jersey registered company) then provided it is not restricted to the jurisdictions
it covers and that it does not refer to Jersey as being a part of the UK (it isn’t)
then that Will can be probated in Jersey; however, there are advantages to
having a separate Will in place to cover your Jersey assets only.

Advantages of a Jersey Will How do I make a Will in Jersey?


• A Jersey Will can be ‘probated’ simultaneously The process is simple and we can assist you with
with a Will or Wills in other jurisdictions. this. Your Jersey Will can mirror any other Will you
may have.
• If you are reliant upon a ‘worldwide’ Will then
probate in Jersey cannot be granted until
Is a Jersey Will valid even if I don’t
probate (or equivalent) has issued in your
live in Jersey?
jurisdiction of domicile first. If that takes a
In your Jersey Will you can leave your Jersey assets
substantial time then your Jersey assets will be
to whomsoever you choose; however, if the Jersey
inaccessible until after that date.
Will were ever to be challenged (perhaps because
• With a Jersey Will in place the application for there are rules of forced heirship in your home
probate is very straightforward and can take jurisdiction) then the Jersey courts would apply the
as little as two weeks from the date of death. succession laws of the jurisdiction of your domicile
The Jersey Grant of Probate issues within days and not Jersey law.
of the application.
• The Jersey assets can be utilised to settle tax What is a ‘Grant of Probate’?
liabilities in other jurisdictions and fund the Probate is the legal process by which your Will is
living expenses of your beneficiaries. ‘proved’ in the Royal Court of Jersey and accepted

CONTINUED

www.prestonlegal.co.uk
27 Hill Street, St Helier, Jersey JE2 4UA
CONTINUED

as a valid document that is your last testament. A Does my family have to pay any
‘Grant of Probate’ is the order of the Royal Court inheritance tax in Jersey?
proving that Will and the appointment of your There is no inheritance tax in Jersey; however stamp
named executor to act. duty is payable on the application for Jersey probate
and is charged at the following rates:
A Jersey Grant of Probate (where there is a Will) or
a Jersey Grant of Letters of Administration (where Where the net value of the Jersey Estate:
there is no Will) is required in order to release assets
• Does not exceed £10,000: no fee
of a non-Jersey domiciled deceased person held
• Does not exceed £100,000: £50 for each
in Jersey where the total value held by any holder
£10,000 or part thereof
exceeds £10,000. Prior to the production of the
Grant of Probate access to your Jersey assets will • To exceed £100,000, but not to exceed
be prohibited. £13,360,000: £500 in respect of the first
£100,000 plus £75 for each additional £10,000
Postal applications for a Grant of Probate are not or part thereof
permitted in Jersey. If your executor is not resident • To exceed £13,3660,000: £100,000
in Jersey it is possible for them to appoint an
attorney in Jersey to apply for the necessary Grant A further £80 stamp duty is payable on all
of Probate and then to administer the estate in applications by way of an administration charge.
Jersey. Alternatively, we have an executor company, If you wish to send us instructions for making your
Preston Administration Limited, which can be Will, please complete the Will Instruction Sheet
appointed to act as executor of the Jersey Will. Domiciled Outside of Jersey.

Preston Legal’s Estate Planning & Capacity Clare Nicolle


Team provide expert guidance on Wills and Partner

estate planning. clare@prestonlegal.co.uk

If you would like to have an informal discussion about these Sarah Hope
matters please contact Clare Nicolle: clare@prestonlegal.co.uk, Chartered Legal Executive
Sarah Hope: sarah@prestonlegal.co.uk or Kirsten Rowe: kirsten@
sarah@prestonlegal.co.uk
prestonlegal.co.uk

This note is intended to provide a brief rather than a Kirsten Rowe


comprehensive guide to the subject under consideration. It Cilex Paralegal
does not purport to give legal or financial advice that may be kirsten@prestonlegal.co.uk
acted or relied upon. Specific professional advice should always
be taken in respect of any individual matter.

www.prestonlegal.co.uk
27 Hill Street, St Helier, Jersey JE2 4UA

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