Update
Obtaining a Jersey grant of probate: the fast-track procedure
01 November 2018
Where a financial institution based in Jersey is advised of the death of an asset holder, the financial institution will insist on the production of a Jersey grant of probate or letters of administration before releasing the assets. An exception to this is where the value of the assets is less than £10,000, in which case it is left to the financial institution's discretion as to whether they insist on the production of a Jersey grant.
About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.