Fideicomiso en Uruguay: Análisis del Proyecto de Ley

Spain has no trust regulations at the national level. However, there are inheritance legal schemes with similar effects. Furthermore, certain autonomous regions of Spain could enact their own inheritance law regulations and provide legal institutions that are analogous to trusts. In this article, we review these institutions from both an academic and practical point of view.

El artículo comenta y compara la sustitución fideicomisaria de España y el fideicomiso testamentario en la Argentina, con especial énfasis en la protección de personas con discapacidad. Se comenta como estas dos instituciones antagónicas han evolucionado para cumplir fines similares. The paper compares the Spanish fiduciary sustitution and the Argentine testamentary trust, with special focus in the protection of persons with special needs. It is analyzed how to legal schemes that that were seen as oposing each other evolved in order to fulfill similar needs.

In the Common Law world, there are many antecedents regarding sham trusts and a huge body of analysis. Therefore, it might be surprising to learn that the situation is completely different in the Civil Law world. The relevance of this case is that it is one of the very few in which a trust is subject to legal scrutiny and declared a sham.