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Nancy Chien
Partner
Specialism: Lawyers Non-contentious Trusts Estate Planning
Company: Bedell Cristin
Location: St Helier, Jersey
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2020 Powerwomen Awards
Woman of the Year - Professional Services - SILVER
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Average client size: Over £25 million
Fixed fee offering: Yes
Number of offices globally: 1-5
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Establishment of a PTC for an UHNW European family; assets of £2 billion
I'm advising a Jersey trustee in relation to the establishment of a private trust company(PTC) for an ultra high net worth European family, providing for a dedicated trustee in relation to six family trusts holding assets of £2 billion. My work included preparing all the documentation required to set up the PTC, including the establishment of a purpose trust to hold the shares in the PTC; establishment of new family trusts; restructuring and variation of existing family trusts so they can appoint the PTC as new trustee; liaising with English counsel, working closely with the trustee to ensure the family's wishes are taken into account in the new structure.
Peer review:
23 Aug 2018
Peer review:
12 Feb 2018
Your personal data is used for internal purposes only and is never sold or shared. For any enquiries, please email assistant editor Karen Jones at kjones@citywealthmag.com