Family governance | Transfer of family business | Structuring the business | Family charter | Information and influence of family members | Control and finance of family assets | Estate planning | Inheritance tax | Foundations | Trusts | Family properties | Core family values | Family disputes | Matrimonial law | Emigration and immigration | Wealth protection | Will and living will | Family meetings | Philanthropy | Education of family members | Pre-marital and post-marital agreements | Real properties
Articles
Succession Planning for Family Businesses in the UAE
By Abdulla Galadari, Senior Partner; Manish Narayan, Partner & Arshiya Munir, Paralegal Family Businesses (“FBS”) are significant contributors to UAE’s Gross Domestic Product (GDP), wealth creation and economic stability. However, research demonstrates that the...
Swiss forfait tax – What you need to know
1.What is the forfait about? Switzerland has for decades had the so-called forfait taxation regime, essentially allowing foreign nationals relocating to Switzerland to pay tax on their worldwide expenditure. The forfait regime is often mentioned alongside the UK and...
Is Switzerland Introducing a Trust Law?
On a governmental level, the introduction of a Swiss law on trusts is currently being reviewed as Switzerland does not provide for a suitable instrument to be used for estate planning or asset protection purposes. Arguments for the introduction of a Swiss Trust...
The Use of Swiss Family Foundations in Estate Planning
The Family Foundation is used hesitantly in Swiss succession planning, although in recent years, the establishment of a foundation has been increasingly evaluated again. A robust estate planning ensures a reliable regulation and avoidance of conflicts amongst heirs....
Residence; estate planning; pay the right tax
French tax residency, the myth of the 183 days The dangers of assessing French tax residency by solely considering whether an individual is spending more than 183 days in France. Contrary to a popular belief, the French tax authorities and French tax courts do not...
Tax residency in Germany – an Unpleasant Surprise!
Germany is an attractive place to live in the center of Europe and the EU. It is safe, relaxed and highly developed. Its political system is stable and reliable, while its powerful economy is the largest in Europe. Known for its long and rich cultural history, Germany...
Statutory succession or last will – what is what?
We advise you on all aspects regarding the statutory law of succession or last will according to the German law. Many property owners as well as owners of other assets ask themselves whether it is advisable to make provisions for their own death, or whether it is...
Accrual of inheritance involving assets abroad – complexity frequently underestimated
An international accrual of inheritance is given when for example a German testator holds assets abroad or vice versa a foreign testator holds assets in Germany. Due to the different national regulations in each country the international assets of e.g. Germans involve...
Protecting and spread the wealth in an optimum manner within the framework of legal regulations
Showing ways and solutions to the High Net Worth Individuals to protect and optimise their assets. Wealthy people – the so called High Net Worth Individuals – keeping their property on a foreign account are currently under a general suspicion of tax evasion. The case...
“Operation Bridge”: Checklist for protecting your family and wealth
How to best protect your wealth? Safety of families and their wealth is of paramount importance. To best protect that you can and should take care. To know that all is well we have made a wealth and family protection checklist. When you are forced to stay at home we...
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