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Author: newalonk_admin

Israel Trusts and Estate

May 2016 by newalonk_admin

Israel has been ‘home’ for many international families with a connection to the country both from an emotional “sense of belonging” as well as from a financial perspective “the start-up Nation” and involvement of international large companies such as Intel, Google Apple and Facebook.

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EstateResidenceTrust, trustee
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ACADEMY & FINANCE – Taxation of trusts in Israel

April 2016 by newalonk_admin

Alon Kaplan

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A new voluntary disclosure procedure is expected soon

February 2016 by newalonk_admin

Published in STEP Journal in February 2013

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Trust, trustee
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Features: Residence and Citizenship in Israel

January 2016 by newalonk_admin

Alon Kaplan and Lyat Eyal

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Private Client law in Israel: Overview

January 2016 by newalonk_admin

Alon Kaplan, Lyat Eyal and Meir Linzen

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The Rise of freedom of estate planning. When will it fall?

November 2015 by newalonk_admin

Alon Kaplan and Lyat Eyal

Freedom of succession has created many discussions over the past few months for estate and trust professionals. This is mainly due to the EU Regulation, which for many is a significant development towards freedom of succession. Israel is a country of immigration and emigration. As movement of individuals between different jurisdictions is relatively simple, and the global world is relatively small, individuals tend to travel, and change their jurisdiction of residence (or domicile, as the different jurisdictions may permit), with assets and family members in different countries subject to different laws. This makes estate planning and, later, implementation of the plan complicated. The EU Regulation aims to resolve some of these issues.

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Trust and Foundation under Israeli Law: So Different, yet the Same for Tax Purposes

July 2015 by newalonk_admin

Alon Kaplan and Lyat Eyal

This article treats the Israeli Hekdesh coupled with an Israeli underlying company as a foundation. It summarizes the taxation of foundations and trusts in Israel, as well as the main provisions of the relevant legislation as revised in 2013 which is now final and effective. The article then continues to discuss the appointment of protectors under Israeli law. Finally, the article provides for an interpretation of the arbitration law as it relates to foundations and trusts.

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Israeli Trust Law: the First 85 Years. Review of Alon Kaplan, Trusts in Israel: Developments and Current Practice (Helbing Lichtenhahn, 2015)

May 2015 by newalonk_admin

Adam Hofri

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Trusts in Israel: Development and current practice

May 2015 by newalonk_admin

Alon Kaplan, Author

Trusts in Israel traces the trust concept in Israel from its historical roots, through early 20th century application of European legal structures enabling the use of trusts for land acquisition in Ottoman times, private/commercial use during the British Mandate, and to current use of common-law trusts, the basis of Israeli trust law. The creation of trusts by law, by contract, by hekdesh deed (an Israeli trust) and testamentary trusts are examined. Public and charitable trusts are explored, and special attention is given to trust protectors, privilege and confidentiality, court jurisdiction, arbitration, taxation and foreign trust recognition.

Admitted to the Israel Bar in 1970, Alon Kaplan is also licensed to practice law in New York and Germany. He practices trust law in Tel Aviv, and lectures on that subject at Tel Aviv University. Alon is the founder and president of the Israel Branch of the Society of Trust and Estate Practitioners, general editor of Trusts in Prime Jurisdictions, and was also editor of Israeli Business Law: An Essential Guide.

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Israel

May 2015 by newalonk_admin

Alon Kaplan & Shlomo Kerem

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