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Tag: Will

Trusts: An estate planning solution

Families, and their estates can be complex for a variety of reasons. Such complexities are not only a direct result of the nature and size of the estate itself but the number of family members as well as the dynamics of the relationship between them, may add to the complexity. In such complex scenarios why […]

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Trusts and their use as Estate Planning Tools

A Trust is a legal arrangement whereby assets are transferred from a person called ‘the Settlor’, to another person called ‘the Trustee’ for the purpose of holding such assets ‘Trust assets’ as owner but for the benefit of others called the ‘Beneficiaries. Trusts can be used as an estate or succession planning tool for families, […]

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Will Trusts and Foundations

The Interplay between Wills and Alternative Forms of Succession Planning The typical instrument used for the purposes of regulating how one’s estate is to be divided following one’s demise is a will. In fact, article 586 of the Maltese Civil Code (Chapter 16 of the Laws of Malta) states that: “…it shall not be lawful […]

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