Understanding Trusts in the UAE: A Case-Based Illustration of DIFC and ADGM

Understanding Trusts in the UAE: A Case-Based Illustration of DIFC and ADGM

Introduction to Trusts in the UAE Trusts represent a pivotal legal arrangement whereby one party, known as the settlor, allocates assets to another party, referred to as the trustee, to manage on behalf of a third party, the beneficiary. In the context of the United Arab Emirates (UAE), particularly within the frameworks of the Dubai … Read more

Understanding Trusts in the UAE: A Guide to DIFC and ADGM Regulations

Understanding Trusts in the UAE: A Guide to DIFC and ADGM Regulations

Introduction to Trusts Trusts represent a legal arrangement that facilitates the management and distribution of assets held by one party for the benefit of another. Originating from medieval England, trusts were initially established to ensure that assets could be protected and managed for beneficiaries who were unable to do so themselves. This financial tool has … Read more