by Markus Summer | Jul 28, 2014 | • Family Governance and Family Charter
The advantages of Liechtenstein foundations and trusts for asset protection and wealth preservation include: (1) protection of privacy, (2) no pre-trial discovery proceedings, (3) generally no enforcement of foreign judgments, (4) short statute of limitations and (5)...
by Markus Summer | Jul 28, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth
Many families use trusts as an estate planning vehicle and for wealth preservation. Increasingly, instead of using a trustee company owned by a financial service provider, a private trust company (PTC) is appointed as a trustee. The use of a Liechtenstein foundation...
