Jersey Property Unit Trusts

Jersey Property Unit Trusts
January 2008

Unit Trusts

A Unit Trust is a legal structure where the legal ownership of trust assets is held by a Trustee on trust for the benefit of unitholders. Unit Trusts may be established in Jersey subject to the provisions of the Trusts (Jersey) Law 1984. Under Jersey law, a Unit Trust must be constituted by a written trust instrument. The Unit Trust instrument sets out the terms on which the Trustee holds the Unit Trust assets.

An introduction to Jersey property unit trusts (JPUTs)

An introduction to Jersey property unit trusts (JPUTs)
25 October 2007
http://tax.practicallaw.com/0-378-8553

Nick Kershaw of Ogier explains what Jersey property unit trusts (JPUTs) are, how they are established and why they are used for holding UK property. This practice note considers the current advantages of using JPUTs and contains a table comparing and contrasting JPUTs with UK real estate investment trusts (REITs).