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
Alon Kaplan and Lyat Eyal In Israel, local laws and governmental agencies regulate estate and inheritance matters. Consequently, in order to distribute estate assets, a petition for an inheritance or probate order must be filed locally. Such filings may be avoided by the establishment of a trust during one’s lifetime. By transferring assets to a
Alon Kaplan and Alan Krost The article illustrates that the Hekdesh, which is a special type of trust existing under Israeli law, is in fact similar to a foundation. The article discusses the law relating to the Hekdesh and highlights the features of the Hekdesh focusing on the similarities to a foundation and emphasizing its
