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Group Director and Trusts Service Line Lead
Specialism: Trustees Corporate Trustees, Private Client Trustees
Location: St Helier, Jersey
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Average client size: £5 million - £25 million
Fixed fee offering: No
Number of offices globally: More than 5
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Trustee for a large family trust
Richard acts as trustee for a large family trust, where the assets are to be used solely for the education of the grandchildren of the deceased. Richard’s role is one of a pure trustee in the sense that he acts in the best interest of the minor grandchildren, whilst balancing the wishes of the settlor with the expectations of the parents. The settlor and the family have come to know and trust Richard explicitly over the years since they have known him.