Suggested format of a family covenant with different clauses, as may be relevant, part 2 of 2, clausues 8-16. 9. Ownership and transfer of Company shares Review (and amend if necessary) ownership structure with regards to various share types: Decide whether the...
Suggested format of a family covenant with different clauses, as may be relevant, part 1 of 2,clauses 1-8. 1. Introduction Explanation about the family structure, the relevant assets, the nature of the family business and the manner in which the structure is to be...
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...
Validity of Premarital and Postmarital Agreements in the USA All fifty states in the United States recognize the validity of premarital agreements and over half of the states have adopted the Uniform Premarital Agreement Act ("UPAA") adopted in 1983 by the National...
