F. Haskins & Co.
Services provided include:
Please click on any of the links for further information on the appropriate subject.
College Chambers offer Company & Trust Incorporation, Management and Administration
These services are undertaken through companies established and controlled by F. Haskins and Co. (a firm of lawyers also practising in Guernsey, Channel Islands) for this purpose:
College Chambers Administrative Services Ltd.
The practice is able to quickly and efficiently set up corporate entities, trusts and other similar structures for local and international clients, administered by the above companies. Through its network of international contacts the practice can arrange incorporations in other international financial centres throughout the world, recognising that sometimes it is beneficial for its clients to have multi-jurisdiction structures and to have the availability of excellent professional advice in these other jurisdictions.
We offer full secretarial and corporate services. In appropriate cases substantial fiscal benefits can be obtained by the formation of a company which can be used for many purposes, such as:-
Launching new ventures abroad via a Channel Island Company;
Protection of assets from gift and wealth taxes and death duties of persons domiciled outside Great Britain including emigrants from the United Kingdom;
Investment and property holding,
Invoicing and trading operation;
More information can be obtained by writing or e-mailing the practice.
College Chambers Administrative Services Limited may act as company secretary if required.
More complicated structures such as protected cell companies might also be incorporated if required. Trusts have developed in Guernsey at a relatively fast pace over the past decade. In 1989 the Trusts (Guernsey) Law came into force (as amended in 1990) and these laws are totally different from the U.K. Trustee Act of 1925.
The Guernsey law has developed a more practical and workable approach to trust law. It is for this reason that Guernsey trusts are so highly regarded among other offshore financial centres. The Guernsey law of trusts permits revocable trusts and has been amended to deal with forced heirships.
The Guernsey discretionary trust is a useful vehicle permitting great flexibility in the management of any Trust Fund whilst distancing the settlor from the assets of the Fund. Of course a letter of wishes might be used to indicate to the Trustees how it is felt their discretion might be exercised. It should be understood however this letter is not binding on the Trustees who are at all times bound by the Trust Deed.
We can act in any of the following capacities:-
Executor and/or Trustee of a Will;
Administrator of a deceased persons estate;
Trustee of a discretionary, marriage or other settlement, a Declaration of Trust or a foundation.
Taxation and Financial Planning
We can provide a complete advisory service and are happy to work with existing professional advisers where appropriate.