In this framework, he specializes in counselling Israelis and foreign residents on matters concerning trust establishment and management and wills and succession planning, including tax aspects. Trusts in Israel are created and operate under the Israel Law of Trusts 1979.The inter – vivos trust, “Hekdesh” comes into effect upon the creation of the trust and the assignment of the assets to the trustee. In the case of a testamentary trust, the trust begins to operate after the will probate order is granted by the court and the assets of the estate are transferred to the trustee by the power of the provisions of the will. The trust is a recognized and efficient legal structure for holding and managing family wealth and transferring assets to the next generation.
Chambers profile
High Net Worth
Practice Areas
An International Authority on Trusts
Dr. Alon Kaplan is a member of the Israel Bar and was admitted as a member of the New York and Frankfurt Bars. He is the President and founder of the Society of Trust and Estate Practitioners “STEP Israel”. Academically speaking, he has a Ph.D. from Zurich University in Switzerland and an LL.B. and LL.M. from the Hebrew University of Jerusalem. Alon maintains a direct and close relationship with academia, and he was a lecturer on trusts in the Academic Management College, Reichman University, and the Law Faculty of Tel Aviv University, where he taught trust courses for LL.M. students. Alon is a popular lecturer on trusts in Israel and abroad and he constructed the academic program for the Trusts Diploma of STEP in Israel. Throughout his professional career, Alon has written numerous professional articles in legal journals, on matters of trusts, intergenerational asset transfers and selected commercial law topics such as agent and distributor laws, a topic which he researched for his LL.M. thesis. Alon has been a regular contributor of articles to “Trusts and Trustees “of Oxford Journals. Alon has written and edited numerous professional books, including on doing business in Israel, trusts in Israel and international trusts laws. His book – “Trusts and Estate Planning in Israel” is a professional and comprehensive guidebook for practitioners in this area in Israel. Another important book in English is “Trusts in Prime Jurisdictions” 5th edition 2020 which reviews trusts in various jurisdictions by 19 authors from various jurisdictions. In December 2020 he was co-editor of the book “Life Cycle of a Family Business” published in London
The Trust
Alon’s main area of expertise is trusts and, in this framework, he specializes in counseling Israelis and foreign residents on matters concerning trust establishment and management and wills and succession planning, including tax aspects. Trusts in Israel are created and operate under the Israel Law of Trusts 1979.The inter – vivos trust comes into effect upon the creation of the trust and the assignment of the assets to the trustee. In the case of a testamentary trust, the trust begins to operate after the will probate order is granted by the court and the assets of the estate are transferred to the trustee by the power of the provisions of the will. The trust is a recognized and efficient legal structure for holding and managing family wealth and transferring assets to the next generation: In recent years, the utilization of trusts as a legitimate tool for family wealth planning is increasing, mainly due to the expansion of the Israeli economy and the development of many businesses of HNW individuals. Trusts can serve various purposes, such as intergenerational transfer of assets or family business, care for a person in need, protection of assets from creditors and protection of assets in case of divorce or demise. In addition, trusts are efficient tools for public benefits and charities, as is also customary in many Western countries.
The Practice advises on foreign and Israeli trusts for Israeli and overseas clients. Trusts are structured to meet the client’s particular needs, including succession planning, asset protection, forced heirship issues, and family business. The Practice maintains close relationships with reputable banks in Israel and abroad, as well as with numerous law firms and licensed trust companies.
The Practice advises on all matters of estate planning, trusts, probate, and inheritance proceedings. This includes legal services, such as drafting of trust deeds and wills, as well as providing services relating to probate and inheritance orders, administration of estates, and cross-border inheritance matters.
The Practice provides tax advice to individuals and companies with international business activities, including tax planning advice involving personal tax law and international tax issues. In order to provide this comprehensive service. The practice works closely with lawyers, tax experts, and accountants in several jurisdictions with the required expertise in this field.
The Practice provides legal advice to family offices in matters of structuring and organizing family businesses, creation of trusts, and drafting of wills.
The Practice advises on all matters of estate planning, trusts, probate, and inheritance proceedings. This includes legal services, such as drafting of trust deeds and wills, as well as providing services relating to probate and inheritance orders, administration of estates, and cross-border inheritance matters.
This is a legal blog featuring expert opinions, articles, and practical insights on real estate and business, family office matters, and estates and inheritance. The content here does not constitute individualized legal advice, but rather a professional foundation for understanding and navigating these issues properly, and, when needed, a starting point for a focused conversation.
