Secure Your Legacy. Protect Your Assets. Plan with Confidence.
At Be One Professionals, we help individuals, families, and international clients establish and maintain trust structures in Jersey, one of the world’s most respected jurisdictions for private wealth planning. Based in Jersey, we partner with top Jersey based law firms and top Trust formation Corporate Service Providers (CSPs) to help you choose the right structure and right administrator.
Whether your objectives include asset protection, succession planning, wealth preservation, or family governance, right tailored trust solutions are designed to provide long‑term security, flexibility, and peace of mind.
Our services include but not limited to:
- Helping you choose the right CSPs
- Maintain up to date Trust Bookkeeping
- Preparation of Trust Accounts
- Management of all tax related matters
- Regulatory and compliance related reporting
WHO WE ARE
Your Trusted Partner
We act as your trusted partner for accounting services for trusts in Jersey, delivering dependable and compliant support tailored to your needs. Our approach is structured, transparent, and focused on accuracy at every stage. We make sure your trust accounts are always correct, secure, and prepared when required.
As Jersey trust accounting specialists, we help you meet legal obligations and reporting standards with confidence. You will always have a clear understanding of your trust position. We keep everything organised, precise, and easy to review, ensuring complete financial clarity.
Who We Help in Jersey
We provide support to a wide range of clients who require dependable trust bookkeeping services Jersey. Our services are designed to handle both simple and complex trust structures with equal care.
We work closely with each client to deliver practical, clear, and compliant solutions. Our aim is to make trust accounting straightforward, secure, and stress-free.
Individual Trustees
We help private trustees manage records, reporting, and compliance requirements. You remain organised and meet your duties with clarity and confidence.
Family Trusts
We support families with transparent reporting and properly maintained records. This helps protect assets and ensures clarity for all beneficiaries.
Corporate Trustees
We provide structured and professional support for corporate trustees. Our services ensure accuracy, compliance, and alignment with Jersey standards.
High-Net-Worth Clients
We assist clients with complex trust structures and large portfolios. Our team delivers detailed, accurate, and reliable financial reporting at all times.
WHY CHOOSE US
Why Choose Our Services in Jersey
Choosing the right accounting partner is important for maintaining accurate financial records and ensuring smooth business operations. Our accounting support solutions are designed to provide reliable financial management, professional expertise, and practical support that helps businesses stay organized, compliant, and financially confident.
Reliable Financial Accuracy
We handle your accounts with strong attention to detail. Every figure is checked carefully so your financial records stay correct, consistent, and easy to trust for daily decisions and long-term planning.
Strong Knowledge of Jersey Regulations
We understand local accounting rules and compliance needs in Jersey. Our accounting services for companies in Jersey ensure your business meets all requirements without stress or confusion.
Easy-to-Understand Reports
We deliver clear financial reports that make your business performance simple to follow. You always know where your business stands and what needs attention for better growth.
Dedicated Client Support
We stay connected with your business and provide ongoing support whenever you need it. Our business accounting services Jersey are built to give you confidence, stability, and peace of mind.
Why Choose Jersey for Trust Planning?
Jersey is globally recognised as a leading trust jurisdiction, trusted by high‑net‑worth individuals, families, and professional advisers worldwide.
Key advantages include:
- A world‑class legal framework governed by the world-renowned Trusts (Jersey) Law 1984, providing unparalleled legal clarity
- Zero tax on income from foreign assets for non-resident beneficiaries
- Political and economic stability with a well‑respected judicial system
- No forced heirship rules, offering freedom in estate planning
- Established professional trustee industry with robust regulatory oversight
- Asset protection and strong “firewall” provisions that protect your assets from foreign inheritance laws or forced heirship claims.
Long‑term suitability for multi‑generational wealth
What Is a Trust?
A trust is a legal arrangement where assets are transferred by a settlor to a trustee, who holds and manages those assets for the benefit of named beneficiaries or for a specific purpose.
Unlike a company, a trust does not have a separate legal personality. Instead, the trustee holds legal ownership while being bound by strict fiduciary duties to act in accordance with the trust deed and the law.
Trusts are widely used for:
- Succession and estate planning
- Asset protection
- Wealth structuring across jurisdictions
- Family and charitable arrangements
Who Is Involved in a Trust Structure?
A Jersey trust typically includes:
Settlor
The person or entity establishing the trust and contributing assets.
Trustee
A professional or corporate trustee responsible for administering the trust and safeguarding assets.
Beneficiaries
Individuals, families, charities, or classes of persons entitled to benefit.
Protector (optional)
An independent overseer who may be appointed to approve or veto certain trustee actions.
What are the types of Trusts in Jersey?
Every family and structure is different. There is a wide range of trust arrangements, available. You should select and implement a structure that matches your goals, risk profile, and governance preferences.
1. Discretionary Trusts
The “gold standard” for flexibility. A discretionary trust is one of the most widely used trust structures in Jersey due to its adaptability and strength in complex, long‑term planning. In this arrangement, trustees are given broad discretion over how and when distributions are made, allowing them to respond to changing circumstances such as a beneficiary’s personal situation, family dynamics, asset protection needs, or evolving tax considerations.
This flexibility makes discretionary trusts particularly attractive to affluent families who wish to ensure wealth is managed responsibly over generations, rather than distributed outright. They are also valued for their ability to protect assets from external threats, including creditor claims, political instability, divorce proceedings, and rigid inheritance rules in other jurisdictions.
2. Fixed Interest Trusts
A fixed interest trust offers certainty and predictability by granting beneficiaries clearly defined rights to income or capital, typically set as fixed amounts or percentages. Because trustee discretion is limited, this structure is well suited to situations where the settlor wishes to create a stable and reliable financial arrangement, particularly for vulnerable dependants such as surviving spouses, elderly parents, or disabled family members. While fixed interest trusts provide guaranteed support and are commonly used in estate and succession planning, they offer less protection from external risks, as the beneficiary’s fixed entitlement can be more readily identifiable to creditors.
3. Reserved Powers Trusts
A reserved powers trust (RPT) allows a settlor to benefit from the protections and structure of a trust while retaining a defined level of involvement in key decisions. Jersey law permits settlers to reserve certain powers – such as influencing investment strategy, appointing or removing trustees, approving distributions, or making limited amendments to the trust terms – making this structure particularly attractive to entrepreneurs and wealth creators who are not yet ready to relinquish full control. RPTs are often used during transitional phases of wealth planning, especially where active participation remains important, but they must be carefully designed to preserve the trust’s effectiveness and recognition across jurisdictions.
4. Charitable Trust
Charitable trusts in Jersey provide a structured and enduring way for individuals, families, and organisations to support causes that matter to them within a well‑regulated and respected jurisdiction. Designed to advance recognised charitable objectives – such as education, poverty relief, religion, community benefit, or public welfare – these trusts can operate on a long‑term or perpetual basis, making them well suited to lasting philanthropic ambitions. Trustees are responsible for ensuring assets are managed responsibly and applied transparently, while Jersey’s balanced regulatory framework offers international donors reassurance, credible governance standards, and flexibility without undue administrative burden.
5. Purpose Trust
A purpose trust is a specialised structure that is created to carry out a defined and legally valid objective rather than to benefit identifiable individuals. Commonly used in complex corporate and financial arrangements, these trusts can hold assets, own special purpose vehicles, or support financing structures such as securitisations and fund arrangements. By separating ownership from sponsors or shareholders, purpose trusts are often used to create independent “orphan” entities that enhance risk isolation, governance, and structural integrity, making them particularly attractive in transactions involving banks, private equity firms, and multinational organisations.
6. Employee Benefit Trusts (EBT)
Employee Benefit Trusts (EBTs) are commonly used by growing and international businesses to support structured employee reward and incentive programmes. By holding shares, options, or other assets on behalf of employees and senior executives, EBTs enable companies to operate equity‑based incentives, deferred compensation, performance‑linked bonuses, and retention schemes in a controlled and compliant manner. These arrangements help organisations motivate and retain key talent, align employee interests with those of shareholders, and introduce an independent framework that supports effective governance and regulatory oversight across different jurisdictions.
7. Sharia Compliant Trusts
Jersey’s adaptable trust law makes it possible to establish Sharia‑compliant trust structures that align with Islamic principles while remaining internationally recognised. These trusts can be designed to reflect Sharia requirements around inheritance, ethical investing, and charitable obligations such as zakat, including the exclusion of prohibited assets and the incorporation of religious advisers or oversight committees. As a result, Muslim and Middle Eastern families can achieve faith‑aligned wealth planning within a respected global jurisdiction, benefiting from Jersey’s strength in asset protection, confidentiality, and long‑term, cross‑border succession planning.
What is a Private Trust Companies (PTCs)?
A Private Trust Company (PTC) is a bespoke corporate vehicle specifically established to act as the trustee for a family’s trust or a group of related trusts, rather than utilising a commercial or professional trust company. This structure allows high-net-worth families and their advisors to retain a greater degree of control and involvement in the administration and investment decisions of the trust assets, while simultaneously offering enhanced privacy and the ability to adapt quickly to evolving family circumstances.
By separating the ownership of the PTC from the family through mechanisms like purpose trusts or charitable foundations, families can achieve a balance between maintaining influence over their legacy and securing the legal and tax benefits of a professional trust environment.
PTCs are often used for:
- Family offices
- Complex asset‑holding structures
- Large or multi‑generational estates
- Enhanced governance and continuity
Costs and Ongoing Administration
Trust costs vary depending on structure complexity, asset type, and governance requirements. Typical considerations include:
- Initial trust establishment fees
- Annual trustee and administration fees
- Ongoing compliance and review costs
It is important to have transparent discussions with the CSP from the outset, to help you understand obligations and costs before moving forward.
Compliance, Regulation and Confidentiality
Jersey is a highly regarded international finance centre with strong regulatory standards. Trusts are subject to anti‑money laundering, counter‑terrorist financing, and international transparency requirements.
While Jersey trusts are not publicly registered, they operate within a framework that ensures confidence for banks, counterparties, and beneficiaries worldwide.
FAQs About Trusts Services
Yes. Jersey trusts are frequently used by non UK residents and international families, subject to individual tax and regulatory advice.
Legal ownership transfers to the trustee, but trusts can be structured with reserved powers or protectors to suit your comfort level.
Legally, the Trustee owns the assets. However, they hold them "in trust" for the benefit of the beneficiaries. This separation of legal and beneficial ownership is what provides the protection and tax benefits.
Trusts are not public documents, although trustees must comply with regulatory and disclosure obligations where required.
Jersey trusts can be established for an indefinite period, making them suitable for long term wealth planning.
Most modern Jersey trust deeds include powers to amend certain provisions, though this depends on how the deed is originally drafted. You should look to discuss "Reserved Powers" if you anticipate needing high levels of future flexibility.
Timeframes depend on complexity and due diligence requirements, but planning usually begins once full information is available.
Yes. Jersey trusts are not required to be registered on a public register (unless they hold Jersey real estate), ensuring a high level of confidentiality for your family’s financial affairs.
Important Regulatory Disclaimer
This page is for general informational purposes only and does not constitute legal, tax, or investment advice.
Professional advice should always be obtained before establishing or restructuring any trust or wealth planning arrangement. Trust structures are subject to local laws, regulations, and individual circumstances. Trust services in Jersey are regulated by the Jersey Financial Services Commission (JFSC).