Trusts with assets in Europe (especially in Germany) might face extensive legal and tax issues that need to be taken care of.
Advice is essential before a trustor or beneficiary relocates to Europe. Continental European legal systems will question the legal capability of Anglo-American trusts to claim assets in Europe, if not structured properly.
Should the trustor or the beneficiary decease in Europe, structural legal questions can lead to a loss of rights and assets for the trust.
As a full service provider for North American trusts we offer to take care of