Creation Questionnaire

Note: This questionnaire excludes matters relating to due diligence and know your client documentation.
This questionnaire is not intended to be all – embracing and we recommend that this questionnaire is completed in a joint meeting between the prospective client and a member of staff of Seymour Trust Company Ltd.
Founder’s full name (including maiden name) and residential address	*
Name of the Foundation (which must end in the word ‘Foundation’ or the foreign language equivalent)	*
Is there a need to include details of the Founder in the Charter (which is a public document) or in the Regulations (which is a private document)?		Yes No
Is there to be an initial endowment to the Foundation (which is required to be detailed in the Charter)		Yes No
Please provide details of any such initial endowment
Are further endowments to be made subsequent to the incorporation of the Foundation?		Yes No
Please detail the full names and addresses of the first Council Members of the Foundation. Note: the Law requires that the Council will include a qualified member who is appropriately registered under the Financial Services (Jersey) Law 1998 to carry on trust company business. It is Seymour Trust Company Ltd’s normal policy to provide the sole member of the Council.	*
Do you wish their details to be included in the Charter (a public document)?		Yes No
What is to happen to the assets of the Foundation if it is wound up or dissolved? Is the Charter (a public document) just to provide that the assets shall be disposed of in the manner specified in the Regulations (a private document) or are full details of the disposition of such assets to be provided in the Charter?	*
Please specify details if the Foundation to be wound up and dissolved upon – a. the happening of some event, or b. at some pre-determined date? Please specify details of any person who has the right to apply to have the Foundation wound up and dissolved. (note: the above information is included in the Charter (a public document).	*
What are the objects of the Foundation? Are they to – a. benefit a person or classes of persons, or b. to carry out a specific purpose (or to do both) Please provide details of a. or b. above.	*
Are details of the persons or classes of persons to benefit per 9a. to be detailed in the Charter (a public document) or is the Charter to merely provide that the persons or classes of persons may be determined in accordance with the Charter or the Regulations?	*
Is the Founder:
To be excluded from benefit?		Yes No
To be a beneficiary?		Yes No
To have the power to add beneficiaries?		Yes No
To have the power to remove beneficiaries?		Yes No
To appoint members to the Council?		Yes No
To remove members from the Council?		Yes No
Please detail the name and residential address of the Guardian Note: If required, Seymour Trust Company Ltd is able to provide the Guardian	*
Who will have the power to remove / appoint the Guardian and determine his remuneration (if any) (e.g. the Founder / some other person)	*
Is the Guardian’s consent required for:
The addition of Beneficiaries?		Yes No
The exclusion of Beneficiaries?		Yes No
Any appointment or payment to Beneficiaries?		Yes No
Any other actions by the Council? (please specify such actions)	*
What type of Foundation is required?		Discretionary Life interest
If Life interest, please detail the full name and address of person(s) who are to have such life interest.