The use of the Hungarian Foundation for asset protection and private purposes (Trusts & Trustees 2017)

Introduction of the Trust in Hungary and the International Practice
In the present study, it said the book is essentially a selection of presentations at conferences so far contains edited versions, with the aim that these events should be made knowable to all those interested. The presentation of the book STEP operation of private law, licensing, taxation…

Parallel with the implementation of the trust in Hungary, the complete legal environment was harmonized to conform to the trust rules. The author explains some of the misunderstandings of the continental law trust. 

Business Law in Hungary is a complete summary work about the most important legal rules and their interpretations in Hungary. It appeals the attentions of foreign lawyers and investors who would like to understand in depth the legal system of an EU country.

In 2014, the new Civil Code entered into force in Hungary, providing local legal tools for estate planning. It provides for the option to establish both private foundations and trusts. In this article Dr Menyhei examines these structures.

The handbook summarizes in a complex way all the relevant areas of the legal institution with a full range of regulations and practices and critiques as needed. It describes the specific features of fiduciary management, distinguishes it from legal instruments and forms suitable for a similar purpose, and thus helps to find the most appropriate solution for the given case.