Category: Real Estate
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Panamanian Private Foundations
On June 12, 1995, the National Assembly of Panama adopted Law No.25 by which Private Foundations are created and regulated. The idea behind the drafting of this new law arose from the popularity and well deserved good reputation of the Liechtenstein Family (and Mixed) Foundations in certain parts of Europe , specially in Switzerland .…
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What a Trust Can Do
A trust may be created for any purpose that is not illegal or void as against public policy. A trust can hold title to and invest in real estate, cash, stocks, bonds, negotiable instruments and personal property. Trusts can provide care for minor children or the elderly; or pay medical, educational or other expenses. A…