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Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Personal property law > Equity & trusts
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Trust Laws in Cyprus - An International Perspective (Hardcover)
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Trust Laws in Cyprus - An International Perspective (Hardcover)
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The Cyprus International Trust Law was originally enacted in 1992
and amended in 2012. It is a modern and flexible piece of
legislation expressly addressing the needs of international
families relying on Cyprus to arrange their wealth. At the same
time, Cypriot resident families can apply the Trustee Law 1955,
which is based on English law, to govern their trusts. Trust Laws
in Cyprus reviews both of these laws and places them in an
international context, pointing out the solutions available on the
island for wealth management, estate planning and asset protection
purposes. Authored by well-known experts in this field, chapters
specifically analyse the relevance of Cyprus trusts where settlors
wish to retain certain powers, arrange their succession in a more
flexible manner than would be possible under forced heirship
provisions, or protect heirloom assets from creditor claims. The
book also covers the taxation of Cyprus trusts, both international
and domestic, and the functioning of the UBO register of trusts
under the 5th EU AML Directive. This title is the only systematic
review of the Cyprus trust laws in English. It will be an
invaluable reference work to help lawyers and other private client
advisers structure their clients' wealth. It will also assist
professional trustees involved in the administration of Cyprus
trusts, and be useful for accountants and tax advisers in relation
to the tax treatment of various types of Cyprus trusts.
General
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