Published in STEP Trust Quarterly Review Volume 17, Issue 2 2019 Dr. Alon Kaplan and Meytal Liberman ABSTRACT• Israel’s trust law applies to any trust relationship; however, the main route to create a private trust is by creating a hekdesh, also known as an endowment. The hekdesh is a document signed unilaterally by the settlor
Alon Kaplan & Meytal Liberman Real estate trust in Israel is a useful legal structure for families who wish to register real property in the name of a corporate body acting as a ‘transparent entity’ and keep tax advantages granted to individual persons. This structure may be found particularly useful and efficient for non-Israeli families