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
Family Governance and Family Charter
Love, Power & Wealth – Family Business Succession in Austria
Education, training, preparation of next generation Family business; Managing, structuring and involvement Family Governance and Family Charter The importance of Family Businesses We all know the topic from numerous books, movies and TV series. Thomas Mann's...
How to deal with the family business, finances and disputes?
1. Family Business Management 1.1 Sound Management A Family business is the pillar of Family assets. A special attention should be given to it in a Family Charter. Who manages the Family Business? Family members and/or others? They may be assisted by consultants and...
How is a family Charter drafted? Can it be amended?
Drafting a Family CharterThe drafting of a Family Charter is not a difficult task, as long as its author is fully aware of what to provide in it.The best Family Charters are those that the largest number possible of Family members contributes to. Participating in the...
Multi-family office diversity
The constantly increasing number of wealthy families has, over the past years, had a strong effect on demand for wealth management services. Ever more wealthy business owners and families that have sold their businesses are considering a family office to support them...
What benefits do Liechtenstein foundations and trusts offer for asset protection and wealth preservation?
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)...
Model Family Covenant – Part 2 of 2
Suggested format of a family covenant with different clauses, as may be relevant, part 2 of 2, clasues 8-16. (Cont., see part 1 for sections 1-8 of the Model Covenant) 9. Ownership and transfer of Company shares [Review (and amend if necessary) ownership...
Model Family Covenant – part 1 of 2
Suggested format of a family covenant with different clauses, as may be relevant, part 1 of 2,clasues 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...
Practical advice for the family-run enterprise
1. Introduction In Switzerland, as in many other countries, successful businesses are frequently managed and owned by families: a company once founded by an entrepreneurial grandfather decades ago is then build on by the next generation and the following generations...
Family Governance – How to Implement strong Family Governance?
When dealing with family governance, family advisors should keep in mind the following steps: establishing a proper diagnosis of the family needs, implementing appropriate tools and increasing involvement toward family. How to implement strong family...
