Trust Laws in Italy

In recent years, Italy has become one of the most appealing jurisdictions in Europe for wealthy families to relocate to. Thanks to Italy’s recognition of foreign law trusts since its ratification of the Hague Convention, families relocating from across the world are benefiting from Italy’s well-embedded, comprehensive lump-sum tax regime.

As the only book in English dedicated entirely to trusts in Italy, this publication is an invaluable tool for international wealthy families and their advisers on the legal and tax treatment of trusts in Italy. Italian lawyers, accountants and notaries will also find this essential reading given the significant use of trusts for Italian families and the professionals advising them.

Edited by the head of Charles Russell Speechlys’ Italian practice, Nicola Saccardo, Trust Laws in Italy brings together insights and guidance from fellow experts from CRS and Italian firms on topics such as the following:

• the recognition of foreign law trusts under the Hague convention;
• sham trusts;
• testamentary trusts;
• trusts and forced heirship;
• trusts and succession agreements;
• trusts for the governance of the business and for succession planning;
• trusts and family law;
• trusts and the role of notaries;
• taxation of trusts (income tax and indirect taxes); and
• trust accounting.

The in-depth coverage and on-the-ground expertise makes Trust Laws in Italy a must-have book for global wealthy families as well as Italian and foreign practitioners, such as lawyers; accountants; bankers; trustees; wealth managers; single and multi-family offices; and legal associations.