The word trust travels easily between English and Spanish. The institution it names does not. Colombia has answered the difficulty by statute, most recently by decree in May 2026, while Spain answers it through administrative practice alone. What follows examines why the fiducia mercantil is not a trust, and what a patrimonio autónomo means for a family with a member resident in London.
Continue Reading Neither fiducia nor fideicomiso is a trust. A Colombian and Spanish perspective



