Icaza, González-Ruiz & Alemán

Firm Overview:
Icaza, González-Ruiz & Alemán is a leading law firm in Panama that offers comprehensive and tailored solutions for private wealth management. With over 100 years of existence and a global network of offices and correspondents, the firm provides expert advice on estate planning, trusts, foundations, asset protection, family governance, philanthropy and succession matters.

The firm's private wealth team of highly qualified and experienced lawyers works together with Icaza Trust Corporation, its boutique trust company, to provide highly specialized services to meet the needs and expectations of high-net-worth individuals and families. The firm works closely with clients to design and implement strategies that preserve and enhance their wealth, while ensuring compliance with local and international regulations.

Icaza Trust Corporation focuses on attending the succession planning needs of high net worth individuals, and the succession of family businesses. Besides structuring and administering estate planning trusts and private interest foundations, the trust company is also highly recognized for structuring and administering commercial and public trusts. It structures and administer commercial trusts to guaranty millionaire syndicated loans. Under these trusts, in a trustee capacity, it receives the assignment of different types of contracts, and it administers the monies received from these contracts in trust accounts in order to execute the waterfall of payments established under the trust instrument, which generally includes calculating, provisioning, and repaying the guaranteed loans.

Moreover, it administers several public trusts awarded through public bids. One of these trusts worth highlighting is Fidemicro- Panamá, which works as a second-floor bank. This means that in a trustee capacity through the Trust, Icaza Trust Corporation grants loans to financial entities such as financing and cooperative institutions so that they may grant micro-loans. It also acts as agent in a trustee capacity of transactions to finance the construction of the Panama Metro Lines.

Whether clients are looking for a simple will or an intricate structure, Icaza, González-Ruiz & Alemán can help them achieve their goals.