By: Garland M. Baker B.
Exclusive to A.M. Costa Rica
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Trusts are one of the most important legal documents a lawyer can make for a client in Costa Rica. It is astonishing that most attorneys do not know how to create or administer them here. Most people think of trusts in the case of death and inheritance, but they can be used for many more situations.
This is a refresher for expats to remind them of the usefulness and power of making a trust to protect assets or to solve a dispute. Originally, this subject was addressed last year in “Trusts are a perfect vehicle for getting deals done.”
