U.S. tax season has just passed. But while you’re currently thinking about it, now is really not the time to start planning tax strategies for the year gone by. The good news: it’s never too early to plan for the years ahead. Too often people give little thought to tax planning except when it comes time to filling out those annoying governmental forms.

The concept of trust has been put into practice in the ordinances of several Latin American countries and more and more this type of instrument, which allows an infinite number of modalities arising from inter vivos or mortis causa contracts (eg. inheritances), is being utilized. It allows greater versatility in contractual relationships.