Constitution
and management of Trusts

Advice and assistance in establishing and managing Trusts
Our law firm has been operating for many years in consulting and assisting in the constitution and management of Trusts. A peculiarity of the institute lies in the doubling of the property concept, typical of common law countries. In fact, the legal property of the Trusts, attributed in the Deed of Trusts to the Trustee, making the latter the sole owner of the relative rights, even if in the interest of the beneficiaries or in the pursuit of the defined purpose.
It is important to note that the assets transferred to the Trusts remain segregated in the Trusts’ assets and therefore become unrelated to the assets of both the settler and the Trustee.. We often recommend using this tool for the best and most effective protection of minors and people with disabilities.
Other purposes may be for charity or for setting up types of investment and retirement, as well as inheritance purposes, they are also linked to generational change and a function of Trusts asset protection.

Finally, the establishment of a Trusts can also have financial advantages, but we always advise against its constitution and we do not make ourselves available as lawyers, in the event that a fiscal purpose is the sole or main reason for establishing the Trusts. In this case, its constitution can be considered illegitimate and the act can be revoked and subjected to sanctions.

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Rome