The Royal Court of Jersey has ruled that it can use the law of mistake to set aside endowments of property to a foundation established and incorporated under Jersey law, although for public policy reasons it cannot set aside the foundation itself (B and C v D, E, F and others, 2020 JRC 169). The case arose from a UK tax advisor's incorrect estate planning advice to the foundation's founders, resulting in a UK inheritance tax liability of up to GBP6.2 million...