Best Trusts Lawyers in Czechia

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rutland & partners

rutland & partners

Prague, Czechia

Founded in 2018
50 people in their team
rutland & partners was founded by 15 lawyers previously working at rutland jezek, established in 2010 by Monika Rutland, former partner of White...
Czech
English
JUDr. Pavel Brach, lawyer

JUDr. Pavel Brach, lawyer

Prague, Czechia

Founded in 2013
50 people in their team
JUDr. Pavel Brach, LL.M., attorney-at-law, started his independent law practice in 2013 (from 1. 1. 2013). At that time, however, he was already an...
Czech
English
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About Trusts Law in Czechia

Trusts in Czechia are a legal arrangement where a person (the settlor) transfers assets to a trustee to hold and manage for the benefit of others (the beneficiaries). Trusts can be used for various purposes such as asset protection, estate planning, and charitable giving.

Why You May Need a Lawyer

You may need a lawyer for trusts in Czechia to ensure that the trust is legally valid, to draft the trust deed according to local laws, to handle any disputes that may arise among beneficiaries, and to provide guidance on tax implications of trusts.

Local Laws Overview

In Czechia, trusts are governed by the Civil Code. The key aspects of local laws relevant to trusts include the requirement for trusts to be in writing, the appointment of a trustee, the rights and duties of trustees and beneficiaries, and the taxation of trusts.

Frequently Asked Questions

What are the different types of trusts in Czechia?

There are several types of trusts in Czechia, including discretionary trusts, fixed trusts, charitable trusts, and special purpose trusts.

Can I set up a trust in Czechia even if I am not a resident?

Yes, non-residents can set up trusts in Czechia, but it is advisable to seek legal advice to ensure compliance with local laws.

How is a trustee appointed in Czechia?

A trustee can be appointed by the settlor or by the court in Czechia. The trustee must be a natural person or legal entity capable of managing the trust property.

What are the tax implications of trusts in Czechia?

Trusts in Czechia are subject to income tax, gift tax, and inheritance tax. It is important to consult with a lawyer to understand the tax implications of trusts.

Can I change the terms of a trust in Czechia?

It is possible to change the terms of a trust in Czechia through a trust amendment, but it is recommended to seek legal advice to ensure that the changes are valid.

Additional Resources

For more information on trusts in Czechia, you can visit the Ministry of Justice website or consult with the Czech Bar Association for a list of trusted lawyers specializing in trusts.

Next Steps

If you need legal assistance with trusts in Czechia, it is advisable to consult with a qualified lawyer specializing in trusts to guide you through the process, ensure compliance with local laws, and protect your interests.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.