Assets, it grows the use of trust

Posted on 5 December 2013 in Amendments

It is growing in Italy the demand of trusts. As a matter of fact, as confirmed by the Government’s report to the Community for the year 2010, in the last decade the demand for advice relating to fiduciary operations has steadily increased, with particular reference to the trust. A tool that, because of its versatility, regulates economic and patrimonial relations between the parties in a multitude of cases: from the separation of the risk of business to the relationships between spouses, from the succession law to the protection of persons with disabilities.

A pleasing tool, but at the same time, it is not being provided or regulated by the Italian civil law, which could lead to possible misuse.