Trust relationship
A trustship (trust) exists when a natural person, firm or legal person (trustee) to whom another (the settlor) transfers movable or immovable property or a right of whatever kind with the obligation to administer or use such property in the trustees own name as an independent legal owner for the benefit of one or several third persons (beneficiaries) with effect towards all other persons.
The trust does not have legal personality.
Every trusteeship created for a period of more than twelve months shall within twelve months from its establishment be registered for entry in the Commercial Register or shall deposit a copy of the deed of formation with the Office of Justice in this period.
Laws
The Office of Justice does not draw up deeds or contracts, except drawing up the public deeds required by law and providing assistance with the submission.
If required, please contact the Liechtenstein Bar Association or the Liechtenstein Chamber of Trustees.