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Trusts: Practical scenarios

When we talk about Trusts we often think about fancy and complex structures which will exclusively benefit the ultra-rich and which find no place in the more ordinary realities which less wealthy people live in. This cannot be more distant from the truth. In actual fact, trusts help in dealing with very common circumstances in […]

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What is a Trust?

Definition The Trust and Trustees Act, Chapter 331 of the Laws of Malta (the “TTA”), contains the following definition: “A trust exists where a person (called a trustee) holds, as owner, or has vested in him property under an obligation to deal with that property for the benefit of persons (called the beneficiaries), whether or […]

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