Our specialised team advises private individuals resident in or outside Monaco, as well as institutional clients, on various legal matters related to trusts.

Trusts are a way to organise and transmit an estate and are frequently used in common law systems, but also in Monaco (Law No 214 of 27/02/1936 revising Trust Law No 207 of 12/07/1935). A trust is an institution originally created under common law to grant a trustee authority to control assets in the interests of a beneficiary or for a purpose determined by the grantor (or settlor) as part of either a living trust or a testamentary trust.

Assets entrusted to a trustee constitute a distinct whole and are no longer part of the settlor’s property. The trustee has the authority and duty to administer, manage or dispose of the assets in accordance with the terms of the deed of trust and with trust law provisions applicable to the trustee.

Our expertise enables us to advise and assist our clients in all contentious and non-contentious matters relating to the constitution and administration of trusts.

These issues are essential in Monaco, since the Principality is home to a wealth of economic, linguistic and multicultural resources, with 139 different nationalities living side by side.

We work in close collaboration with our network of associated firms in over 40 countries to meet our clients' needs for a cross-border assistance.


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11/03/2024
Reminder of the taxation applicable to Law 214 Trusts and foreign Trusts
The trust, legal instrument of English origin, is often used as a sustainable estate planning and assets protection tool. Although the trust system is common in Commonwealth countries, Monaco recognized...
05/03/2024
Trusts in Monaco - Recent changes in reporting obligations
On 29 February 2024, Law no. 1.5591 amending in particular Law no. 214 of 27 February 1936 revising Law no. 207 of 12 July 1935 on trusts, Arrêté Ministériel no. 2024-1202 and the Ordonnance Souveraine...