Expert Trust Services
Specialized legal assistance for international trusts purchasing real estate in Italy.
We assist clients throughout the entire process, from legal and fiscal evaluations to notarial services, ensuring a smooth transaction from start to finish.
LEGAL ADVICE
The customer who turns to us is resident abroad and wishes to buy a holiday home in Italy in the name of the Trustee company or the family Trust.
We take care of verifying the content of the Trust deed and the Trustee’s deed company to know characteristics and powers.
It’s always very difficult to enter people’s private lives, but the moment the customer decides to rely on us, he immediately understands that sharing his Trust deed with us is necessary and becomes an obligatory step, also to shorten verification times.
Data Analysis:
These are some of the guidelines. However, we are well aware that each customer has different needs and situations, that require more specific checks.
This is why we maintain a Boutique law Firm, able to offer a very personal service.
We work on the specifics of the foreign Trust, side by side with the client, to guarantee the Trustee a secure purchase in line with Italian laws, but also with foreign estate planning.
TAX ADVICE
Our integrated approach means coordinating also an effective tax advice, because a non- Italian resident Trust needs to be analysed first in relation to Italian tax rules.
- For first step, the client wants to know which taxes will be charged, when he will buy a property in Italy.
- The second issue is that of double taxation. Avoiding the cross – border dual taxation must be a focus.
This requires analysing tax conventions between Italy and the Trust’s State of affiliation.- These clarifications help the client better focus on his goal for family planning strategies.
CROSS – BORDER ESTATE PLANNING
So fiscal analysis is not an end in itself, but it is the starting tool to arrive at the best investment strategy.
Our ultimate goal is to have the property purchased in Italy, in the security and protection of your trust.
HOMEBUYING PROCESS
Legal management
Once we have checked that it is possible to buy a property in Italy on behalf of the Trustee, the client can start looking for his perfect Italian property.
When the client has decided on a property, we will take care of the whole buying process.
From our experience, we know how essential it is to guide the customer step by step through the homebuying process, which varies significantly from one country to another.
In Anglo-Saxon countries, for example, it is common for the customer to present a “formal offer” and only afterward hire a lawyer to handle legal matters.
The Anglo-Saxon approach is completely different from the Italian system.
In Italy, once accepted by the seller, the formal offer automatically becomes a preliminary sales agreement, which is equivalent to a binding contract—far more binding than a simple accepted offer.
To avoid complications and major issues during the buying process, it is essential for the client to be supported by a solicitor from the very beginning, ensuring the process runs safely and smoothly.
When it comes to significant investments, drafting a preliminary agreement is a key step. It gives the client a high level of security and ensures that the seller respects the agreements written in the preliminary deed.
A Trust, in particular, requires specific clauses. The tusk of the solicitor is to transform the Trust’s requirements into precise contractual clauses, ensuring they are compliant with the client’s investment goals and with the Italian law.
For this reason, the work between the solicitor and the notary is highly collaborative.
Drafting the preliminary contract and the final deed becomes a true teamwork effort.
The same thing is to obtain a tax code. This process, essential for the Trustee, requires a specific procedure and necessary expertise to avoid mistakes that could lead to wasted time and money.
We are experts in this field and we work with dedication, passion, and professionalism, always ensuring a safe and satisfying result.