Expertise
Trusts and Private Interest Foundations
Galindo, Arias & López is proud to be one of Panama's leading law firms in this practice area. To achieve this leadership position we have established a modern, efficient, and thoroughly professional structure of the highest level to operate both locally and internationally. Through our affiliates, GALA Trust and Management Services, Inc. and Regal Trust (BVI) Ltd., we can provide corporate clients, individuals and families a series of complete, trustworthy, and integral advice in the field of estate planning, management, and preservation and transference of estate for local and international operations. We are proud of our outstanding quality record in providing these services, having worked with over 74,000 trust clients in 2003 alone.
The long history, extensive use and complexities involved in trusts have led Panama to develop a very complete and detailed body of trust legislation. Our affiliates therefore operate and render their trust services under the control and supervision of Panama's Superintendency of Banks, which gives clients the confidence and peace of mind they need in their trust transactions and administration.
Private Interest Foundations have also gained much acceptance, and Panama has taken the initiative to adopt them into their legislation, thus bringing a groundbreaking strategy into the American Continent. This legislation has enabled us to offer a valuable and functional legal instrument which has been progressively gaining more popularity due to its flexibility and efficiency in the management of personal and family estates.
