UAE Foundations: 3-Years Of Practice In Hindsight

April 13, 2021M/HQ PublicationsFoundations, News Release, Private Wealth Series

Yann Mrazek addressed STEP Jersey on the use in practice of UAE foundations and their combination with Channel Islands solutions, notably touching on restructuring of real estate and Shariah-compliant legacy planning. You can catch up on the webcast!   UAE foundations have gained substantial momentum over the past 12 months amongst regional entrepreneurial families. Compatible …

UAE Onshore Trust Law

March 29, 2021M/HQ PublicationsFoundations, Private Wealth Series

Aiming at boosting the growth of the wealth management sector and providing an innovative mechanism for business continuity and legacy planning, the UAE recently promulgated an   Onshore Trust law (Decree Law no. 19 of 2020)   What Although trusts exist locally in both the DIFC and ADGM, it is the first time that the …