Civil Code

Sometimes the motive for the establishment of trust management of assets is the basic desire of the owner to free ourselves from the burden of managing their property, but however, continue to receive some profit from the use of the property. Learn more at: Blake Krikorian. There are cases where the owner at the expense of their property without any concern for themselves has any third party due to its estate financial aid. Thus, the institution of trust management is very convenient for charity. Also, trust management structure has been used successfully in to pool capital, where several individuals belonging to each transfer of their property in trust a person who uses the property transferred to it in the interests of all founders asset management.

A classic example of such a scheme is to transfer to the trust of its shares to minority shareholders for a vote by the shareholders of one person, acting in their common interests. Asset management can be established on the basis of any form of ownership – state, municipal, or private. Therefore, as a founder of property management can be any property owner. As an exception to the general rule in cases stipulated by law, the founder of trust management may not be the property owner and another person. So occurs, in particular, when the founder of trust management of the ward is the guardianship authority (Article 38 of the Civil Code). Because the trust can be transmitted not only things but rights, the founders of asset management can act as carriers and those rights.