PHILIPPINE TRUST

Philippine Trust

Trust is a legal arrangement where an individual named as trustee holds and manages assets for the benefit of the beneficiaries. Under the Philippine Law, the concept of trust plays a significant role in wealth management, and it is governed by the Civil Code. .   

There are different types of trusts that can be established in the Philippines, including:   
Living trusts
These trusts are established during the lifetime of the settlor and are typically used for estate planning purposes.   
Testamentary trusts
These trusts are established through a person's will and take effect upon their death.    
Charitable trusts
These trusts are established for charitable purposes, such as to support educational institutions, religious organizations, or other non-profit entities.    

Creating a trust in the Philippines involves professional guidance and careful planning. It offers flexibility, security, and tax advantages. Having an adequate understanding of Philippine Trust is essential whether you are protecting your assets or your business. 

Setting up an appointment with our professional and expert attorneys will ensure that your trust is structured to meet your unique needs and objectives. Our expert attorneys are always ready to guide you through the intricates of Philippine Trust.