Aquilino de la Guardia Street No. 8
IGRA Building, P.O. Box 0823-02435
Panama, Republic of Panama
+(507) 205-6000
igranet@icazalaw.com
  • Home
  • About Us
    • History
    • Awards & Recognitions
    • Representative Clients
    • Memberships & Alliances
    • Group Companies
    • Online Payment
  • Attorneys
  • Areas of Practice
  • News
    • COVID-19 Resources
    • News
    • Publications
    • Newsletter
  • Offices
    • Cyprus
    • Hong Kong
    • Panama
    • Singapore
    • Switzerland
    • Uruguay
  • Contact
    • Contact
    • Client Feedback
    • Career & Employment Opportunities
  • English
    • Spanish
  • Home
  • About Us
    • History
    • Awards & Recognitions
    • Representative Clients
    • Memberships & Alliances
    • Group Companies
    • Online Payment
  • Attorneys
  • Areas of Practice
  • News
    • COVID-19 Resources
    • News
    • Publications
    • Newsletter
  • Offices
    • Cyprus
    • Hong Kong
    • Panama
    • Singapore
    • Switzerland
    • Uruguay
  • Contact
    • Contact
    • Client Feedback
    • Career & Employment Opportunities
  • English
    • Spanish
MainLogo WT
  • Home
  • About Us
    • History
    • Awards & Recognitions
    • Representative Clients
    • Memberships & Alliances
    • Group Companies
    • Online Payment
  • Attorneys
  • Areas of Practice
  • News
    • COVID-19 Resources
    • News
    • Publications
    • Newsletter
  • Offices
    • Cyprus
    • Hong Kong
    • Panama
    • Singapore
    • Switzerland
    • Uruguay
  • Contact
    • Contact
    • Client Feedback
    • Career & Employment Opportunities
  • English
    • Spanish

Archive

19 August
Double exposure of business partnership handshake and modern cit

Trust Services

by Igra 0 Comments

Main Uses
  • Permit the original owner (settlor) to concentrate a group of his assets and manage them through a trust.
  • To perform a number of disposals or successions at the settlor’s discretion, without occurring additional tax liabilities and without subjecting oneself to compulsory rules of inheritance that govern post mortem distributions.
  • It allows for a flexible and effective asset management and controlled distribution, timely, to family members and others, in the stages or under the conditions that the original owner wishes.
  • They can be designed to function at a chosen moment in time or only after the death of the settlor occurred.
  • As a means of asset protection against potential seizures or other damages brought by future creditors, in particular in the context of safeguarding a business operation from professional liability claims in litigious societies.
  • To allocate benefits for third parties without passing them the actual control, which will be maintained in the hands of the trustee. The last, in his turn is bound by the terms of the trust as it has been expressed by the settlor.
  • A trust, in an asset structuring function, can be designated to hold whole businesses or shares of a company on behalf of a beneficiary. This extra step can guarantee discretion.
  • Protect a business from disintegration or dissolution by heirs and guarantee continuity in the hands of competent trustees and in accordance to the wishes of the settlor.
  • To guarantee securities issues or as an alternative form of guarantee for banking credits.
  • Trusts are often used for general investment purposes in the international stock markets, in mutual funds, or in real estate.

Trust Services: NEW ZEALAND TRUST, PANAMA TRUST and VISTA TRUST

For further information

  • Luis Arturo Martínez
  • Michelle O. de de la Guardia
  • Mariano J. Oteiza I.
  • Luis A. Chalhoub M.
  • Yexadira N. García G.
  • Estefanía Alemán

Read More
Search
Areas of Practices
  • Administrative Law
  • Banking Law & Finance
  • Capital Market
  • Communications & IT
  • Company Formation and Management
  • Consumer Protection & Competition
  • Contracts
  • Corporate Law
  • Energy & Hydrocarbons
  • Environmental Law
  • Immigration and Naturalization
  • Insurance and Re-Insurance
  • Intellectual Property
  • Labor and Employment
  • Litigation & ADR
  • Maritime and Admiralty
  • Mergers & Acquisitions
  • Panama Private Interest Foundations
  • Panama Trusts
  • Public Contracting & Privatization
  • Real Estate & Tourism
  • Special Economic Zones
  • Tax Law
  • Trust Services
MainLogo WT

We have been providing, for a century, tailor- made, competent solutions to key corporate clients, international institutions and public entities, while remaining committed to offering a partner-led, individualized legal service and advice to private clients.

Address

Aquilino de la Guardia Street. 8
IGRA Building, P.O. Box 0823-02435
Panama, Republic of Panama

E-mail: igranet@icazalaw.com

Phone: +(507) 205-6000

Website

Home

About us

Attorneys

Areas of Practice

News

Office

Contact us

Online Payment

ONLINE PAYMENT

Subscribe to our Newsletter

    © Icaza González-Ruiz Alemán. All Rights Reserved | Developed by: BlueTide Web Consulting

    LEGAL DISCLAIMER

    We use cookies to ensure that we give you the best experience on our website. You can change the settings if you wish. ACCEPT
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled

    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

    Non-necessary

    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.