Estate & Wealth Planning

We can advise you on the best way of providing for your family, in the way you want, and in the most tax-efficient manner.

Trust

A trust is a legal arrangement that allows you to transfer assets to another person or entity. One of the tax implications of trusts is capital gains tax. When the asset held in trust is sold, capital gains tax may apply to any increase in value since the date of acquisition. It is important to note that capital gains tax rules can be complex, and it is advisable to seek professional tax advice when setting up a trust. Understanding capital gains tax and its potential impact on trusts can help ensure that your assets are protected and that you are able to achieve your financial goals.

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Foundation

Although a Maltese Foundation cannot itself have a commercial purpose, unlike a company, it can, however, be the passive owner of a commercial business, commercial property or other commercial asset.

Foundations provide a useful device for individuals and organisations in various structures and transactions. Individuals may use foundations in various situations such as to plan their financial affairs and provide for future generations in an efficient and practical manner.

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Family Trust

Malta is a particularly favourable jurisdiction in which to establish family wealth structures and in particular family trust companies.

A Malta Family Trust Company is akin to a Private Trust Company found in other jurisdictions such as Jersey. Providers of both trusts and foundations in Malta are highly regulated by the Malta Financial Services Authority (MFSA).

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