A WORLDWIDE INITIATIVE OF INDEPENDENT EXPERTS
Control and finance of family assets | Education of family members | Estate planning | Emigration and immigration | Family business | Family charter | Family disputes | Family governance | Foundations | Information and influence of family members | Structuring the business | Philanthropy | Pre- and post-marital agreements | Tax Planning | Trusts | Wealth protection | Will and living will
Family governance
Family Business Succession in Austria
Love, Power & Wealth - Family Business Succession in Austria The importance of Family Businesses We all know the topic from numerous books, movies and TV series. Thomas Mann's “Buddenbrooks”, HBO's “Succession” or books about real business families such as the...
What tax matters are important when emigrating?
When you take up residence in another country, have you obtained advice on tax matters both on departure and on any risks of having continuing connections with your former residence? While it is possible with proper planning to minimize tax on expatriation to another...
How to deal with the family business, finances and disputes?
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...
How is a family Charter drafted?
How is a Family Charter drafted? Drafting a Family Charter The 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...
High net worth family charters, protecting family and wealth
High Net Worth Family Charters. What for? And what are its contents? A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of...
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...
