Currently in Italy, the practice mainly entrusts the task of trustee to specialised legal persons, the Trust Companies. A Trust Company is a company that performs the activity of trustee in a professional manner. Trust Companies represent the most advanced expression of the trustee figure, as they are companies with the best theoretical preparation and practical experience to achieve the objectives outlined by the settlor in the trust deed. Trust Companies:

• have professional skills of a highly specialised nature in the fields of law, tax, company law and practical management experience;
• have the character of continuity guaranteed by the company itself and are not affected by the personal vicissitudes of the individual;
• offer guarantees in the event of mala gestio of the trust fund by the trustee, as they are equipped with insurance policies to protect clients.