Best Trusts Lawyers in Philippines

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Or refine your search by selecting a city:

Lagmay Olavere Rae Dino Law Office

Lagmay Olavere Rae Dino Law Office

Manila, Philippines

Founded in 2012
20 people in their team
ABOUT OUR LAW FIRMFounded in 2012, LORD LAW emerged as a result of skillfully merging our expertise and experience to establish a reputable...
English
Tagalog
LEGADO LAW

LEGADO LAW

Manila, Philippines

Founded in 2023
2 people in their team
Welcome to Legado Law: Your Trusted Legal PartnerAt Legado Law, we pride ourselves on offering a full spectrum of legal services tailored to the...
English
Tagalog
View profile
OBO Law

OBO Law

Cebu City, Philippines

Founded in 2022
6 people in their team
Ong Booc Ong & Associates Law Offices & Notary Public (OBO Law) – Excellence in Legal Services in Cebu City, PhilippinesAt OBO Law, we...
English
Chinese
Tagalog
BSB Law

BSB Law

Makati City, Philippines

Founded in 2007
5 people in their team
Navigating Start-ups and investment is a complicated matter. Preventive law is one of the most valuable aspect of legal services that an attorney can...
English
Atty. Apollo X.C. S. Sangalang

Atty. Apollo X.C. S. Sangalang

Quezon City, Philippines

Free Consultation: 15 mins


Founded in 1995
16 people in their team
APOLLO X.C. S. SANGALANG (“Attorney PoL”) is a business lawyer, labor law coach, corporate counsel, legal educator and conflict strategist,...
Tagalog
English
AMC Law Office

AMC Law Office

Makati City, Philippines

Founded in 2024
5 people in their team
"Blessed are the peacemakers" - Matthew 5:9With Bible precepts and principles as its guiding torch, the AMC Law Office has been providing help and...
Tagalog
English
FCB Law Office

FCB Law Office

Makati City, Philippines

Founded in 2010
10 people in their team
Atty. Francesco C. Britanico received his Bachelor of Laws degree from the University of the Philippines in 2006. He graduated from the Ateneo de...
Tagalog
English
Raychelle Pacheco Law Office

Raychelle Pacheco Law Office

Makati City, Philippines

Founded in 2020
8 people in their team
I am a CPA Lawyer who maintains my own law office in Makati City, Philippines. I handle engagements relating to Tax, Business Registration and...
English
Tagalog

Philippines Trusts Legal Questions answered by Lawyers

Browse our 1 legal question about Trusts in Philippines and the lawyer answers, or ask your own questions for free.

Who will be the legal heir upon death of both parents
Contract
Family
Will & Testament
Trusts
According the Greek Civil Code, there are two systems of succession, testamentary and intestate succession. Intestate succession includes only in bolld relatives, which means that without a last will legally validated sons in law cannot become heirs after their father in law passes away. 

About Trusts Law in Philippines:

Trusts in the Philippines are governed by the Civil Code of the Philippines, specifically Articles 1440 to 1491. A trust is a legal arrangement where a person (the trustee) holds property on behalf of another person (the beneficiary). This allows for the efficient management and protection of assets for the benefit of the beneficiary.

Why You May Need a Lawyer:

You may need a lawyer for trusts in the Philippines in various situations such as creating a trust, managing trust assets, resolving disputes among beneficiaries, and ensuring compliance with legal requirements. A lawyer can provide valuable assistance in drafting trust documents, interpreting complex laws, and representing you in court if necessary.

Local Laws Overview:

In the Philippines, trusts are subject to certain legal requirements, such as the need for a written trust instrument and the appointment of a trustee. Trusts are irrevocable unless specified otherwise in the trust document. The trustee has a fiduciary duty to act in the best interests of the beneficiary, and any breach of this duty can lead to legal consequences.

Frequently Asked Questions:

1. What is a trust?

A trust is a legal arrangement where one person holds property for the benefit of another person.

2. How do I create a trust in the Philippines?

You can create a trust by executing a written trust document specifying the terms and conditions of the trust.

3. Who can be a trustee in the Philippines?

A trustee can be an individual or a corporation capable of holding legal title to property.

4. Can a trust be revoked in the Philippines?

By default, trusts in the Philippines are irrevocable unless specified otherwise in the trust document.

5. What are the duties of a trustee?

A trustee has a fiduciary duty to act in the best interests of the beneficiary and manage trust assets prudently.

6. Can I change the beneficiaries of a trust?

Changing beneficiaries of a trust may be possible depending on the terms of the trust document and local laws.

7. What happens if a trustee breaches their duties?

If a trustee breaches their duties, they may be held liable for any harm caused to the beneficiaries and may face legal consequences.

8. How are trusts taxed in the Philippines?

Trusts in the Philippines may be subject to taxation, and it is advisable to consult a tax professional for guidance on taxation matters.

9. Can a trust be challenged in court?

A trust can be challenged in court on various grounds, such as fraud, undue influence, or lack of capacity of the settlor.

10. How can I terminate a trust in the Philippines?

A trust can be terminated in the Philippines by following the terms specified in the trust document or through a court order in certain circumstances.

Additional Resources:

For further information on trusts in the Philippines, you may consult the Philippine Judicial Academy or seek guidance from the Integrated Bar of the Philippines.

Next Steps:

If you need legal assistance with trusts in the Philippines, it is recommended to consult a trust lawyer who has expertise in Philippine trust laws. They can provide you with personalized advice and guide you through the legal process to ensure your interests are protected.

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.