Trusts

what we do

We help early stage companies, including startups, in all stages of development, including with planning the optimal tax structure for them in Israel and in international markets. We consult on a regular basis to publicly-traded companies considering transactions, mergers and reorganization initiatives

how we do it

The advice we give is invariably augmented by in-depth tax planning and legal opinion in order to achieve utmost certainty and stability without compromising creativity and effectiveness

what sets us apart

Our expertise extends across all tax aspects affecting business entities, including employee options, restructuring, inter-company transactions and transfer pricing, foreign trade, and tax and deduction assessment

TRUST TAX PLANNING

YETax has earned an unprecedented experience in the field of trusts, estates and private wealth management practice.

Our highly reputable trust taxation department is considered as one of the leading in its field, with individuals providing professional courses in the field of trusts and estate planning, active members of the Trust committee at the Israeli BAR, members of STEP (the Society of Trust and Estate Practitioners), and also active members during the legislation process of the Trust taxation chapter and its amendments.

Our Trust Team advise clients with the preservation and multigenerational transfer of their family wealth, whether in Israel or abroad, with special touch for High-Net-Worth families and individuals.

TRUSTS TAX PLANNING PRACTICE AREAS

Establishment of Trusts – tailormade for every situation – from an instrument used for personal to charitable reasons and also as an instrument for secured investments
Multi-generational asset transfers, wealth preservation and asset protection
Estate planning and management: from the preparation of Wills (including Mutual Wills), ongoing power of attorneys, establishment of Trusts
Adjustments of past structures – due to changes in the legislation, circumstances, and needs
Representation of Israeli and foreign trusts vis-à-vis the tax authorities and including their officers
Regulation of capital of foreign and Israeli trusts

what is a trust?

A trust is a legal instrument by which a person (the settlor of the trust) transfers an asset that he/she owns to a trustee, who will hold the property for him/her for the purpose of realizing a certain purpose or hold it in trust for the benefit of another person (the beneficiary of the trust). Trusts are no longer exclusive to the wealthy but also serve business owners and established families who want to plan the future of their family in the best possible way.

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where there is a will
there is a way

No Will means no control over who the heirs will be, as your identity is fixed as a default by law. The field of trusteeship has developed in Israel and now allows a person to establish a trust to which certain assets will be allocated and will act in accordance with the instructions given by the trustor. Such a trust is managed by a trustee chosen by the trustor. The trustee, who can be a professional (a lawyer, for example) or another person, is obliged to act according to an express letter of instruction and always for the trust for which he or she acts.