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 trust/Hekdesh, they no longer form part of the individual’s estate upon death, and no court orders are then required to transfer the assets to the heirs. Since a trust is not a separate legal entity, a trustee may establish an Israeli underlying company to hold the assets for the trust.

Alon Kaplan

Alon Kaplan

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 advantages over a foundation.

Alon Kaplan

Books – Contribution of chapters on Israel

Alon Kaplan

Books – Contribution of chapters on Israel

Alon Kaplan

Alon Kaplan

Books – Contribution of chapters on Israel