Trusting Maltese Trusts In The Commercial World

As a result of their nature as highly malleable and flexible instruments, trusts, have been and are still being employed for a myriad of uses, the limit thereto being set only by the imagination and inventiveness of practitioners in the field, which uses can very broadly be categorized into two classes: private uses and uses of a commercial nature. Private trusts, as their name implies, cater for the needs of individuals and are oftenmost sought and employed in a domestic scenario with individuals employing such trusts to provide for situations involving family members via inter vivos settlements or causa mortis dispositions that meet their needs based on the situation of the family de quo. On the other hand, commercial trusts offer practitioners in the commercial world an infinite variety of tools that can be drawn up in particular contexts and provide commercially expedient results thereby rendering the use of trusts in the context highly functional and beneficial, as