TRUST AND TRUSTEES

ADM Trust and Trustees offers the possibility to get the best potential of an important concept of the common law system such as Trust. With the ratifications of the 1985’s Hague Trust Convention, Trust has gained a growing importance in the Italian legislation especially after recent sentences on this subject.

Taking advantage of the flexibility of this instrument has made it possible to overcome the lack and barriers in Italian jurisprudence and legislation which is rather rigid and not always able to adapt to the rapid economic changes of society.

In such a contest, the ADM Trust and Trustee’s philosophy which aims to amplify the potential of the relationship between the settlor and the trustee becomes fundamental: fiduciary bond that imposes the same Trustee to exercise its rights in favour of the beneficiary.

Thus, a trust settlor finds in our advisory answers to:

• the will to rely on a trustee with the best theoretical and practical experience in order to achieve, indeed, protection, safety and the desired ultimate goal;
• demand for a Trustee with experience in the fields of civil law, tax and commercial law, in which mainly the trust takes effect;
• demand of an independent Trustee;
• the willingness to rely on a professional person who is hired to perform the task meticulously and in full respect of what established by him in the Trust act and in the occurrence of certain events;
• the need to rely on a guardian, appointed permanently to allow or disallow acts attributable to the Trustee, and to monitor the work of the same (Trustee).

ADM intervenes with accountability and offers high professional advisory with particular attention to various client’s needs such as: succession planning, value preservation and increase over time for assets under management, assets protection from creditor’s claims and their custody during family business succession.