If a person dies domiciled in a jurisdiction outside Jersey, with movable estate situated in Jersey with a date of death value exceeding £10,001 (‘the Jersey estate’), a Jersey grant will be required.
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Regulatory
The new Sanctions and Asset-Freezing (Jersey) Law 2019 allows Jersey to maintain and implement EU and UK Sanctions
The Royal Court recently found a bank guilty of committing a criminal offence for not obtaining the necessary authorisations before transferring the assets of a deceased client out of the jurisdiction.