Trust me – It was a Mistake! Latest Guidance on Mistake in Trusts Law in Jersey and Guernsey

Earlier this year, the Jersey Royal Court handed down its decision in In the Matter of the Noor Trust. The judgment highlighted important findings in relation to the concept of mistake in trusts law and, in particular, it affirmed that a mistake may be voidable in certain circumstances.

The outcome in this case provides useful guidance when considering a mistake application in Jersey, and it may also be helpful for this type of application in Guernsey. Indeed, whilst Jersey law is not directly binding in Guernsey (and vice versa), it is well-established in both islands that in the absence of their own express jurisprudence, the Jersey or Guernsey courts may be guided (and persuaded) by a decision of the other.

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