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A trust is a legal arrangement where assets are held by a trustee for beneficiaries, while a trust fund refers to the assets managed within a trust. Understanding these differences is key for effective estate planning and wealth preservation.
Discover the key steps to establishing a trust in DIFC, its benefits for asset protection and estate planning, and the regulatory framework ensuring compliance and security in one of the UAE’s leading financial hubs.
Setting up a foundation in the UAE involves a series of legal, administrative, and financial steps.
Estate planning is critical to managing and preserving your wealth for future generations. One powerful tool in estate planning is the trust