Department profile
Icaza, González-Ruiz & Alemán

Private Wealth Law

High Net Worth Guide 2026 : Panama


Icaza, González-Ruiz & Alemán

Rankings

About

Provided by Icaza, González-Ruiz & Alemán

With more than a century of experience, Icaza, González-Ruiz & Alemán is one of Panama’s most established law firms and a trusted adviser to high-net-worth individuals, families, family offices and private institutions. Its Private Wealth department helps clients organise and transfer their wealth in line with their family needs and long-term goals.

The firm provides integrated legal and fiduciary support through its affiliate, Icaza Trust Corporation (ITC), one of the first licensed non-bank trust companies in Panama. Its lawyers and fiduciary professionals advise on estate and succession planning, trusts, private interest foundations, family governance, philanthropy and cross-border structures. Through ITC, clients also receive support with the establishment and administration of fiduciary structures, including complex commercial and financial trusts.

With offices in Panama, Singapore, Switzerland, Cyprus and Uruguay, the firm supports clients with interests in multiple jurisdictions. Corporate services are available through licensed affiliates in Anguilla, The Bahamas, Belize, the British Virgin Islands, Nevis, Panama and Seychelles.

The department also advises multigenerational families, entrepreneurs, executives and philanthropists, and works with professional advisers requiring cross-border support for their clients.

Chambers Review

Provided by Chambers

Private Wealth Law - Panama

Band 2

Band 2


What the Team is Known For
Icaza, González-Ruiz & Alemán has extensive expertise in succession and tax planning, as well as corporate reorganisations of family businesses. The lawyers also have a strong capability for working on trust-related matters.

Strengths

Provided by Chambers

  • Icaza, González-Ruiz & Alemán provides exceptionally friendly service, explaining each step and its context very clearly so that the client always makes a well-informed decision. The firm has extensive knowledge and provides effective solutions.

    Private Wealth Law respondentHigh Net Worth
  • Icaza, González-Ruiz & Alemán provides a professional service and finds tailored solutions, depending on the case.

    Private Wealth Law respondentHigh Net Worth
  • The team at Icaza, González-Ruiz & Alemán has a complete command of multiple topics and operates with total technical confidence.

    Private Wealth Law respondentHigh Net Worth
  • Icaza, González-Ruiz & Alemán provides efficient and personalised service, good management and knowledge of corporate and fiduciary issues, coupled with a top-level personnel and technology platform.

    Private Wealth Law respondentHigh Net Worth

Notable Practitioners

Provided by Chambers

  • Band 2Estefania Alemán
    Band 2Estefania Alemán

    Estefania Alemán

    Estefania Alemán is a partner in the team and also general manager of Icaza Trust Corporation. She is well regarded as a trusts adviser and is experienced with wealth planning on the legal end.

    • Estefania Alemán is a highly-skilled professional. Her strengths include effective communication, outstanding leadership, rapid response management through her team, commitment, remarkable experience and excellent follow-up on pending tasks.

      Private Wealth Law respondentHigh Net Worth
    • Estefania Alemán is an excellent professional.

      Private Wealth Law respondentHigh Net Worth
    • I find that Estefania's services have always been well-founded and efficiently executed.

      Private Wealth Law respondentHigh Net Worth
  • Up and ComingDomingo A Diaz de la Guardia
    Up and ComingDomingo A Diaz de la Guardia

    Domingo A Diaz de la Guardia

    Domingo Diaz de la Guardia advises clients on private client matters.
    • Domingo Diaz de la Guardia is always available to help, and he understands our client's environment.

      Private Wealth Law respondentHigh Net Worth

Ranked Individuals at Icaza, González-Ruiz & Alemán (2)

Panama

Members

Provided by Icaza, González-Ruiz & Alemán

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