The activity of a sportsman or artist entails a condition of economic well-being that does not necessarily last throughout one’s entire existence. On the contrary, it is not uncommon for such individuals, within a few years of retiring from the scene, to find themselves facing financial difficulties due to the mismanagement of the very high earnings realised in a generally very short time. The professional, sportsman or artist, in order to overcome the multiple asset risks to which he is exposed, may, in fact, set up, place and bind his assets in trusts in order to plan over time the management of his resources, both personal and family, so as to ensure, over the duration of the trust, by means of precise rules:

• the allocation of a portion of the income, cadenced and ordered according to one’s needs, requirements and interests. It is, therefore, the athlete or artist who is the primary beneficiary of the trust;

the athlete or artist who is the primary beneficiary of the trust;
the preservation and increase of the assets placed in trust, according to a predefined plan and ad hoc investment strategies, so that the capital can easily be transformed, by the end of the athlete’s or artist’s career, into an engine that self-produces income, guaranteeing the maintenance of the usual standard of living, without interruption, at every stage of the career, in itinere and at the end of the activity.

Istituendo il trust, il professionista:

1. can concentrate, without distraction, on his business, having the security that he will have a solid asset base at the end of his career;
2. By identifying the Trustee as the sole entity entrusted with the unitary management of the Trust Fund, the Trustee can rely on a well-considered, measured and prudent administration of the assets, conducted with a conservative purpose, and with a view to confidentiality and privacy, elements that should not be underestimated considering the exposure and media pressure to which sportsmen and artists are constantly subjected;
3. has at its disposal a dynamic instrument, destined to evolve in parallel with the changing needs and structure of the family, which must respond both to its ‘wishes’ and to the interests of the Beneficiaries, present and future: the Trust was created to last over time;
4. can benefit from separate and segregated assets, therefore “impermeable” to any future personal, professional or entrepreneurial vicissitudes that could in some way divert or frustrate the implementation of the programme outlined in the Trust;
5. can plan, without complications or conflicts, the generational passage of its wealth, while still respecting the rules of succession. The Trust avoids, in particular, the emergence of family issues and disputes relating to inheritance, which are frequent in the presence of complex family relationships, such as in the case of “blended families” (several children from different spouses) or “cohabiting families” (unions not formalised by the marriage bond), guaranteeing the satisfaction of the economic claims of the parties concerned.