The 40-member body meets four times a year and has chosen Jersey this time in recognition of the Island’s prominence in trust and estate planning, creation and management.
TEP was founded in 1991 to provide a medium by which trust and estate practitioners could readily communicate with each other and, as the minimum length of experience is ten years in the business, be identified as senior practitioners.
The professional body has more than 7,000 members worldwide and 700 full-time and student members in Jersey, which forms the second biggest branch after London.
As well as providing a forum for professionals, STEP also trains would-be trust and estate practitioners and runs a diploma in trust management.
he meeting of the council, which will take place tomorrow, coincides with the tenth anniversary of the founding of the local branch.
It will also be the first time that the council has sat outside the UK.
We thought it would be a great idea to invite the council over to Jersey,’ said Jersey branch chairwoman Rosemary Marr, who along with Peter Pexton represents the Island on the council.
‘Not only is the council moving outside the UK for the first time but it is also recognition of just how important Jersey is to the worldwide STEP family.