Markéta Flanderková: A trust fund is a transparent tool for asset management in the Czech Republic
04 \ 11 \ 2022
Interest in trust funds has rapidly increased in recent years; compared to previous years, their number has doubled, and currently there are nearly 4,500 of them in the Czech Republic. The main reasons for their use remain intergenerational transfer, asset protection, and organizing assets for the future during the founder's lifetime.
“We mainly handle situations where a client has multiple heirs and wants to arrange the management of their assets in a way that follows rules set by them for the heirs. Or when the client has minor children and needs to bridge the period until the children reach a certain age, when they might be able to start running the business,” says Markéta Flanderková, senior consultant at CCS Premium Trust, in an interview.
The full article is available in Hospodářské noviny [here].
