Basic principles on trust in Maltese law

Abstract

This article is intended to set out the key principles regulating and establishment of a trust governed by Maltese Law (Malta Trust). This piece was neither conceived nor has it been written with the view to be a treatise on the Maltese law on trusts. It is motivated by the frequent and numerous occasions in which the present writer, who has been involved with advising and the setting up of a considerable number of trusts for more than two decades in Malta and overseas, has met with inaccurate, misguided and, at times, seriously flawed understanding or statement of the very basic rules that apply to trusts under Maltese law by the civilian population and the legal profession in the broadest meaning of the term.