Alon Kaplan and Meytal Liberman Abstract – How to use a trust as an alternative to a will to transfer assets to the next generation? This article will answer this question by first introducing the reader to inheritance and trust law in Israel. It will explore the endowment and how it should be used in
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