Costa Rica Directory

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Directory last update: 2010-07-16 15:29:11
Costa Rica Trust Services, Costa Rica Attorneys, Trust and Finance

A Trust is an agreement whereby you charge an individual末the Trustee末 with carrying out certain instructions to the benefit of a third party. These instructions may involve all sorts of assets, i.e. property, money, or soft assets such as rights. The force of a trust is such that in certain cases末i.e. testamentary trusts末 the agreement remains in force after the death of the person who gave the instructions. The Trustee is forced to comply with the instructions strictly and faithfully, and may only modify the use of the assets entrusted with the consent of whoever gave the instructions. The Trustee may not interpret the instructions as originally given.

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