The Firm also offers its clientele the creation and setting up of Trusts in different jurisdictions and Private Interests Foundations in Panama, which are an efficient vehicle for the organization of assets, as tax structure, asset protection and its administration, among others objectives that the investor – client wishes to achieve. Administrations trusts, Guaranty trusts and Will trusts are a few of the instruments that with more frequency we structure for the clients, taking into consideration their activities and objectives. Trusts are legal instruments which present many benefits for the client such as expedite creation, no public registry recordal (in most cases), tax incentives or benefits and reasonable formation and annual maintenance costs.
With regard to Private Interest Foundations, these also constitute an essential element in asset planning and protection. They present similar benefits than Trusts and its assets are non-attachable unless due to negligent acts of the Foundation itself committed in the fulfillment of its objectives.