Understanding Trusts in the UAE: Statutory Framework, Executive Regulations, and Court Practices in DIFC and ADGM

Understanding Trusts in the UAE: Statutory Framework, Executive Regulations, and Court Practices in DIFC and ADGM

Introduction to Trusts in the UAE Trusts serve as an essential component of asset management and estate planning, possessing significant relevance within the legal landscape of the United Arab Emirates (UAE). Fundamentally, a trust is a fiduciary arrangement that allows a third party, known as a trustee, to hold and manage assets on behalf of … Read more