Trusts in American law and some of their substitutes in Spanish law: Introduction and Part I |
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| Authors: | Martin Sonia |
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| Institution: | University of Cantabria, Santander, Spain. Sonia Martin is a Professor of law at the University of Cantabria, Santander, Spain. She is the author of other publications on trust law: El Instituto del Trust en los Systemas Legales Continentales y su Compatibilidad con los Principios de Civil Law (Thomson. The Global Law Collection 2005); El patrimonio de destino de la Ley de protección patrimonial de las personas con discapacidad: Un acercamiento al trust?, 612 Actualidad Jurídica Aranzadi, 1-7 (Año XIV, 19 de febrero de 2004); La legge spagnola di protezione patrimoniale dei soggetti portatori di handicap. Un avvicinamento al trust?, 3 Trust e attività fiduciarie, 388–393 (2004). |
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| Abstract: | This article describes how trusts are used in American law andhow Spanish law provides similar facilities for investors. Thearticle is in two parts. The first part examines, from a USpoint of view, the principal uses of trusts and the second partwill describe aspects of Spanish law that provide similar facilitiesfor investors before concluding that none of the tools availablein Spanish law fulfil all the functions of trusts and that theintroduction of a trust law into Spanish law would not be simple. |
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