Foundations and trusts; structures to hold, control, protect and manage family wealth

Is Switzerland Introducing a Trust Law?

by Natalie Peter | Jun 15, 2020 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

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...

“Operation Bridge”: Checklist for protecting your family and wealth

by Olga Boltenko | May 7, 2020 | • Emergency measures; who decides and who will be(come) responsible, • Foundations and trusts; structures to hold, control, protect and manage family wealth, • The will or testament

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...

Can I Create A Trust Under Swiss Law?

by Edgar Paltzer | Apr 30, 2020 | • Foundations and trusts; structures to hold, control, protect and manage family wealth, • Residency; consequences, double nationality, cross border estate planning, • Transfer to the Next Generation

Switzerland does not have a law relating to trusts. However, it ratified the Hague Convention regarding trusts and agreed therefore to recognise trusts that are created in accordance to the convention. Switzerland, as a civil law country, does not have a law relating...

How to deal with the family business, finances and disputes?

by Saba Zreik | Apr 21, 2020 | • Family Disputes & Solutions, • Family Governance and Family Charter, • Family Integrity & Organization, • Foundations and trusts; structures to hold, control, protect and manage family wealth

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...

Real Estate Investments – USA Family Trust

by Lorne Saltman | Apr 20, 2020 | • Family assets; art collection, portfolio, real properties, • Foundations and trusts; structures to hold, control, protect and manage family wealth, • Tax planning (estate taxes and duties)

Real Estate Investments Structure your real estate investments to preserve your assets on a tax-effective basis. If you are acquiring a vacation home in the U.S.A., you can avoid common pitfalls and take full advantage of opportunities by using appropriate...

The History of the Anguilla Foundation

by Harry Wiggin | Sep 30, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

The Anguilla Foundation is a versatile platform for Estate Planning and Asset Protection. The Anguilla Foundation finds its roots in the common law trust and, over the centuries, particularly thanks to the Liechtenstein, Austria and Panama models, has evolved into a...

What you need to know about setting up an Anguilla Foundation

by Harry Wiggin | Sep 30, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

The formalities for creating an Anguilla Foundation are almost as simple as creating an Anguilla Trust, with only a few more formalities for compliance purposes, but essentially not difficult. An Anguilla foundation is established by a natural or legal person making a...

Principal Residence Trust

by Lorne Saltman | Aug 22, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

Setting up a trust to hold a family home can provide tax benefits and asset protection. The family home is often one of the key family assets. It can be the object of friction among family members, and be subject to tax on sale or death, unless proper planning is...

What you need to know about setting up an offshore trust for a Chinese high net worth individual (“HNWI”)?

by Peter Ni | Jul 28, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

Issues arising from setting up an offshore trust for a Chinese HNWI include the recognition of the trust itself and other legal and tax constraints. As more Chinese HNWIs have realized the unique benefits of offshore trust, especially in the areas of asset protection...

How could PRC community property rules impact offshore trust planning?

by Peter Ni | Jul 28, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

Property acquired during marriage will be presumed as community property if not otherwise structured. Property planning helps to obtain clean title to the assets that a PRC settlor wishes to contribute to an offshore trust, and thus prevents potential risks and...