Siobhan Riley

Partner  |  Carey Olsen
JURISDICTIONS QUALIFIED IN

Jersey

TOP 3 AREAS OF EXPERTISE

Asset holding structures
Family office
Succession planning

Q&A

What has been the highlight of your practice over the past 12 months?

We advised on the establishment of a private trust company structure for an ultra-high net worth individuals with complex constitutional arrangements at all levels to allow the settlor (and thereafter various family members) to retain a high level of oversight over all aspects of the structure. Sadly, the settlor has since passed away and oversight of the structure has passed to the successor family members.

Carey Olsen's role: Over a period of two months, Carey Olsen advised on and drafted complex bespoke documents for all Jersey aspects of the structure, including the transfer of substantial assets into the structure.

Significance of matter: Ultra-high net worth clients from the Middle East often wish to retain a high level of oversight and control over their wealth holding structures, which usually requires complex and bespoke drafting. Carey Olsen has a strong reputation for bespoke drafting and has a team that is large enough to turn around even the most complex of instructions within a tight timeframe.