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The law of February 19, 2007 establishing the trust operates a revolution in our French law. Indeed, this calls into question the principle of the unity of heritage. Of Roman origin, the trust is widely used in other Anglo-Saxon and Romano-Germanic countries under the name of trust.
This new tool makes it possible to temporarily transfer one’s own assets to an appropriation patrimony, managed by a fiduciary for the benefit of a beneficiary.
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Maître Grégory DAMY, lawyer at the bar of Nice – Cote d’Azur.