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The "trust" constitutes a juridical mechanism for the disposal and protection of assets useful to simplify the way in which a subject organizes the assets and, above all, to avoid family disputes over inheritance or creditors. The asset protection achieved through this figure consists of “separating” personal wealth or assets and dedicating a portion of assets to achieving a specific purpose. Consequently, it is about separating personal assets from the so-called trust assets so that the latter cannot be judicially pursued. The figure under examination will be approached from the perspective of continental law's legal culture to identify its characteristics in Panamanian law and differentiate it from the Anglo-Saxon trust. However, it is certainly recognized that in its origins and evolution, it is a figure inspired or derived from the Anglo-American trust, but adapted to civil law regulations.
