Trust management and intergenerational wealth transfer for families. TRUST IL is the first institutional organization in Israel that manages both family wealth and intergenerational wealth transfer.
As part of an institutional organization with a history of over five decades, we will provide your family with everything necessary to protect your family wealth.
Continuity
We operate according to high standards that are not dependent on any single person.
Professionalism
We provide the most comprehensive professional solutions in Israel for trusts and the capital market.
What is a trust?
A legal tool through which the founders of the trust create a mechanism to protect their assets. The trust makes it possible to manage the assets in the trust for them and for the generations to come, according to the law at the time the trust is established. Intergenerational wealth transfer is a difficult and complex task. Most families use wills and some also prepare a family constitution. These methods are for a one-time transfer to the next generation, but not beyond. They do not address the issue of US inheritance tax that also applies to Israelis with US assets, including securities. We view the need to transfer wealth in an organized manner that is able to realize a broad family vision, taking legal, economic, and business aspects as well as values into consideration. This is all done for the very long term, without having to rely on the expertise of single professional, but on a regulated institutional body that meets the highest standards.
Our services
Planning and setting up a trust
Advising high net worth families in the planning of the trust, based on the needs and unique considerations of each family, founding and registration with all the required agencies.
Trust management
Trust management for a specific purpose such as monthly income, transfer of wealth in stages, trust for a family member with special needs, third-generation trust, trust for taxation purposes, etc.
Tax planning guidance
Work with the family’s tax consultants to provide a multigenerational response to issues related to taxation and the transfer of assets in the trust.
Trust asset management
Management of the assets in trust, including real estate, and strategic management of the investment with all of the actual investment managers.
Actual distributions and execution of wills
Carrying out actual distributions and grants according to the agreement and execution of wills bequeathing to trusts.
Charitable trust
Establishment of a charitable trust or charitable investment portfolio and regular monitoring of the social vision through charitable contributions.
Submitting reports
Ensuring that all the necessary reports to the authorities in Israel, including the Tax Authority, are submitted on the legally mandated dates.
FAQs
A will is a tool to transfer assets to the next generation. This can also be done during your lifetime. A trust allows its founder to protect and influence the wealth and family.
There are various types of trusts; a trust is unrestricted in duration.
We establish a family structure that distinguishes between the founder and the assets, and the assets do not undergo an inheritance process.
The founder of the trust can receive those services from us or from a financial manager of their choosing.
We only establish trusts in Israel, under Israeli law, and report to all the competent authorities.
Wherever you decide. Trust accounts can be set up at almost any bank.
The TRUST IL team tailors a solution for each family, including periodic meetings and regular reporting, as well as provision of special services, as required by each family.
Trusts are a profession that require expertise in diverse issues – legal, taxation, capital market and more. Around the world, trust management is done by organizations dedicated to this practice, who are regulated and controlled. TRUST IL is the only organization in Israel that provides a comprehensive and professional solution, not to mention the most secure.
As part of the trust, we will manage all types of assets, guided by first-rate professionals in the specific field.
A trust is a plan that is unrestricted in duration. You decide when and how to distribute your funds. If you choose, you can specify various distributions at any time, and they will be carried out by the trustee.
As part of an institutional organization with a history of over five decades, we will provide your family with everything necessary to protect your family wealth.
We operate according to high standards that are not dependent on any single person.
We provide the most comprehensive professional solutions in Israel for trusts and the capital market.
