In Liechtenstein a trust can be structured in such a way, that in the internal relationship (settlor - trustee - beneficiaries) a client’s home law applies, which is particularly interesting for our clients, as we can adopt and adapt already existing trust provisions. To the external relationship (trustee - third party) Liechtenstein law applies. In Liechtenstein there is no rule against perpetuity and no rule against accumulation.
The Liechtenstein trust can be used in many ways, because Liechtenstein trust law allows for many types of trusts, including:
The trust in Liechtenstein is used in particular to support family members, to implement succession and estate planning in the settlor's interests, to preserve assets over several generations, and to protect assets against unauthorised access. The trust assets are segregated third-party assets with the trustee.