A trust is an elastic, flexible agreement, allowing for the implementation of business transactions at costs and risks much lower than other conventional contracts.
A correct structuring of the trust, tailored to the business transaction concerned and to the requirements of each client, facilitates the administration of businesses, investments and securities as well as the sale of property through safe and transparent mechanisms and with significant savings for all the parties involved.
• The isolation of the property held in trust guarantees security for the parties and third parties alike. For this reason, trusts have registered the highest growth rate in Argentina since 1995 among other similar business tools. • A trust may comprise a wide variety of economic and social activities and purposes. • Within the framework of Civil and Commercial Code of the Nation, trusts may be adapted to the requirements and expectations of each client. • These agreements allow for the implementation of a close control over
the administration and allocation of the property in trust. • Where the trust property serves as a security for a business transaction, the trustee may sell it without resorting to court actions. • The insolvency or bankruptcy of the trustee does not entail the insolvency or bankruptcy of the trust estate.
