In the complex world of estate planning, trusts have become an indispensable tool for those seeking to protect and effectively manage their family wealth. In Panama, this legal instrument has gained popularity due to its flexibility and the advantages it offers. At JVD Consultores, we specialize in helping our clients understand and structure trusts that are tailored to their specific needs.
A trust is a legal arrangement in which a person (the settlor) transfers ownership of certain assets to a trustee, who manages them for the benefit of one or more individuals (the beneficiaries). This arrangement offers a range of advantages, particularly regarding the protection and management of family wealth.
Asset protection: Assets held in trust are separated from the settlor’s personal assets, protecting them from potential creditors.
Confidentiality: Panamanian legislation ensures a high level of privacy in fiduciary transactions.
Flexibility: Trusts can be structured in various ways to meet the specific needs of each family.
Succession planning: Trusts facilitate the transfer of assets to future generations, avoiding complex probate processes.
Professional management: The trustee is responsible for managing the assets professionally, ensuring their preservation and growth.
At JVD Consultores, our team of lawyers specializing in fiduciary law offers comprehensive services for trust structuring:
Personalized advice: We analyze your particular situation and recommend the most appropriate trust structure.
Trust design: We draft the trust agreement, ensuring it meets your goals and complies with current legislation.
Trustee selection: We assist you in selecting a reliable and experienced trustee.
Implementation: We handle all the necessary legal procedures to establish the trust.
Ongoing support: We provide continuous advice to ensure the trust continues to meet its objectives over time.
Trusts in Panama represent a powerful tool for the protection and management of family wealth. With the right advice, they can provide peace of mind and financial security for you and your loved ones. At JVD Consultores, we are committed to helping you navigate the world of trusts and find the solution that best suits your needs.
Do not hesitate to contact us for a personalized consultation and discover how we can help you protect your family legacy through a trust in Panama.
