CONCLUSION
Mistakes in trusts vary and unfortunately are not uncommon, especially due to the long life of many trusts. Thankfully, jurisdictions such as Jersey have laws and jurisprudence that will assist in remedying such mistakes, although proper legal advice should be sought as soon as possible after becoming aware of the mistake to avoid unnecessarily perpetuating the consequences of the mistake.
For more specific advice on trusts in Jersey, we invite you to contact Nichola Aldridge or Giles Corbin.
