In Jersey partnerships are based on the idea of holding property in common.
They can be created by simple agreement or structured so as to secure limited liability with the further options of separate legal personality for the partnership or even corporate status for it. By the time a partnership has limited liability and corporate personality the distinction between it and a limited company is no longer evident. Thus for many of our clients partnerships represent an intriguing alternative to more conventional arrangements. At Viberts we advise them on the alternatives available, their respective pros and cons and how best to document and operate the form of partnership chosen.
The team are approachable and always available. The fact they are local is a huge benefit, they are also well set up to help with my international clients and have used technology well during the pandemic, offering clients a contact channel that is suitable for the individual.
Legal 500 2022
Areas of Expertise
Cross Border Succession Planning
Trusts for the Consumer
Trusts for the Provider
Related News & Insights
Case Note: Court Decision  JCA109 Rep of Otto Poon Trust
Trustees – Go green or go home