The current economic and political climate is prompting capital owners to reconsider traditional approaches to holding and managing their assets. In light of sanctions that have made classic trusts and funds in popular offshore and European jurisdictions inaccessible to Russian nationals, a growing number of investors are turning their attention to structures in the United Arab Emirates (UAE).
This alert outlines how trusts under the English law differ from their UAE counterparts and explains why personal (family) funds often offer an optimal solution for long-term family capital protection and flexible asset management.
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