I am advising a couple who have a limited company in Guernsey which owns and lets out residential property. They are domiciled in England and Wales.
I have looked into this and my understanding is that it is treated as personalty ( as opposed to realty) as they won shares as opposed to the properties directly. As such this is then governed by the law of the country of domicile.
Can members please advise if my clients would need a will in Guernsey or if it is fine to have a will only in England Wales. Also does that mean that they would not require probate in Guernsey .