Italian Court Confirms Trust Deeds Can Be Recorded Without a Public Notarial Deed
Modena Court rejects a restrictive interpretation of Italian law. This confirms that a trust deed executed as an authenticated private agreement may be recorded in the Italian Land Registry A recent decision from the Court of Modena provides important guidance for international families, trustees, and advisors who use trusts to hold Italian real estate. In […]
Testamentary trust: assets in Italy transfer to the trustee without paying inheritance taxes
A Testamentary Trust is created in accordance with the instructions in a person’s Last Will and Testament. Differently from a living trust, the testamentary trust starts having effect after the settlor’s death, and so is the trustee appointed. A testamentary trust can be a good way to leave assets to a specific loved one (usually […]