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25 February 2021
If a person holds assets in Jersey, they may wish to ensure that they have made adequate provision to appoint someone who can manage those assets in the event that they should lose capacity to such an extent that they can no longer do this themselves. Often, these considerations form part of a person's wider estate planning.
There is no facility at present for that individual to put a local Jersey lasting power of attorney in place to cover their Jersey-based assets. Instead, the Royal Court will recognise the foreign power of attorney (or equivalent document, such as a guardianship or deputy order), provided that power of attorney is registered with the Royal Court. Once registered, the attorney appointed under the foreign document has the legal authority to deal with the assets in Jersey and this is confirmed by way of a formal act of court document which is issued by the Royal Court and appended to the foreign lasting power of attorney document.
The application to register a foreign power of attorney is straightforward and is made in chambers by way of an application known as a 'representation'. This application must be made by a Jersey-qualified lawyer and the following documents must be provided:
If the foreign lasting power of attorney (or equivalent) need not be formally registered in the country of origin in order to be officially valid and utilised, an affidavit from a lawyer in that jurisdiction which confirms this will also be required.
Once the act of court is issued, it can be lodged with the Jersey asset holder who can then validly accept instructions from the attorney.
For further information on this topic please contact Victoria Grogan or Fiona Lilleyman at Ogier by telephone (+44 1534 514 000) or email (firstname.lastname@example.org or email@example.com). The Ogier website can be accessed at www.ogier.com.
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