Morgan & Morgan

Firm Overview:
Morgan & Morgan has been providing fiduciary and estate planning services for High-Net-Worth (“HNW”) individuals and families located mainly in Asia, Europe and in Central and South America for more than 40 years.

The firm has a seasoned team of lawyers with vast experience in traditional wealth protection and management structures such as discretionary and non-discretionary trusts, private interest foundations and corporations constituted in the different jurisdictions where the firm has offices or through its many commercial partners located in the world’s most important financial hubs. More than five years ago, Morgan & Morgan started a new practice led by a group of young lawyers with ample knowledge in structures tailored for HNW individuals, their families and family offices. The benefits in using BVI Vista Trusts, Bahamian SMART funds, and Panamanian Private Interest Foundations, among others, is highly appreciated by clients looking for modern and tax compliant solutions. This group of lawyers is also well versed in matters regarding FATCA, CRS, QI, International Tax Law and Double Taxation Treaties.

Estate Planning, Trusts & Private Foundations:
The firm helps its HNW clients in the process of anticipating and arranging for the management and distribution, as well as achieving tax efficiencies, of a client’s estate during that person’s life and after his passing. The firm´s expertise in trust creation and management through its wholly owned, and duly regulated trustee subsidiaries in BVI, Belize and Panama, as well as its use of Panamanian Private Interest Foundations is an area of expertise that is well recognized.
Key Contacts: Roberto Lewis Morgan/Luis Manzanares

Company Formation & Corporate & Secretarial Services:
The firm assists clients in the process of incorporating companies in multiple jurisdictions, such as Belize, the British Virgin Islands, The Bahamas, Panama, and others, thus enhancing asset protection and privacy as well as facilitating commercial endeavors. It is important to note that the firm has substantial expertise in helping clients meet Economic Substance and Accounting Record requirements which are in place throughout the major jurisdictions. The firm is increasingly being sought out by Family Offices that want to establish their headquarters in a stable country, with a financial system based on the US dollar and a law firm with the capacity to handle all their affairs. These include the confection and custody of accounting records as well as management of several corporate affairs.
Key Contacts:
Panama: Fernando Boyd/Luis M. Hincapie
Caribbean: Fanny Evans
Geneva: Jorge Luis Reyes

International Tax Law:
The firm helps its clients providing multijurisdictional, tax compliant solutions, specializing in Panamanian laws that offer numerous benefits, including fiscal incentives, for establishing your company in the Republic of Panama. In addition, the firm helps advise on the implementation of tax efficient strategies for multinational groups.
Key Contacts: Raul Castro/Laura Barrios Altafulla

Private Funds:
The firm’s wholly owned and duly licensed subsidiary in MMG Fund Services (Bahamas) Ltd., is an Unrestricted Fund Administrator, that incorporates private fund structures for HNW individuals and families under the flexible SMART fund legislation. MMG Fund Services (Bahamas) Ltd. also serves as administrator for Professional Funds under The Bahamas’ legislation. This is a modern structure, much sought out by professionals, and perfect for managing liquid assets in a tax efficient manner.
MMG Fund Services (Bahamas) Ltd. has liquid assets over US$800 Million under administration for clients who have found in these structures a tax compliant, efficient cost sensitive way to manage and protect their assets.
Key Contacts: Raul Castro/Laura Barrios Altafulla

Multijurisdictional Structures:
The firm’s long-standing and experience in international financial centers such as Geneva, Zurich, and Miami, to name a few, allows it to create tax efficient multijurisdictional structures that are well regarded by institutional clients. Morgan & Morgan is knowledgeable in the creation and benefits of several on shore jurisdictions and its products, such as New Zealand, United Kingdom, The Netherlands, and Wyoming, among others.
Key Contact: Luis Manzanares

Compliance Services & Reporting Standards:
The need for deeper and more ample due diligence investigations for the firm´s onboarding process of clients has produced a new service for HNW that wish to investigate the background of their own clients, service providers, etc. Panama Compliance Services Inc is a registered and duly regulated compliance company which uses several private and public databases to provide know- your- client policies, ongoing education, and background checks.
Additionally, it must be highlighted that Morgan & Morgan’s knowledge in QI, FATCA and CRS requirements is unique, and it is at the forefront of this practice in Panama and the other jurisdictions where the firm provides services.
Key Contact: Fanny Evans and Mario Tejeira
Key Contact for QI, FATCA & CRS: Raul Castro/Laura Barrios Altafulla

Key Clients:
Shutts & Bowen LLP, Miami, Florida
Harper Meyer, Miami, Florida
Greenberg Traurig, P.A. Miami, Florida
Guyer & Regules, Montevideo, Uruguay
Consortium Legal, Central America
Posadas & Vecinos Consultores, Montevideo, Uruguay
Tinoco, Travieso, Planchart & Núñez Caracas, Venezuela.
Dentons Cardenas & Cardenas, Bogotá, Colombia
Rodrigo, Elias & Medrano, Lima, Perú
Facio & Cañas, San Jose, Costa Rica