PERU Law and Practice Contributed by: Percy Castle, Violeta Moncada, Angel Quispe and Dayana Evangelista, Casahierro Abogados
Charitable planning is particularly useful for estate planning and succession, as it can provide ongoing support to beneficiaries or institutions. Its flexibility allows for tailored distribution structures that align with philanthropic and family objectives. However, such arrangements are subject to disclosure of ultimate beneficial owners (UBOs), and offshore trusts face heightened scrutiny under CRS and FATCA reporting. To remain compliant, they must demonstrate genuine charitable intent and sufficient economic substance, or risk being challenged under anti–avoidance rules.
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