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The advantages of private foundations

Foreign Private Foundations for Canadians A private foundation is a corporate entity with separate legal personality, but which has no owners, and therefore does not issue shares or other ownership interests. It is established by a founder who contributes initial...

Controlling your Trust

A Matter of Some Discretion: Controlling your Trust Two common reasons for the use of trusts in estate planning are to achieve tax efficiencies and to protect assets from potential creditors and claims. These are by no means the only reasons that trusts are utilized,...

Succession Planning in the UAE for Family Businesses

Succession Planning in the UAE for Family Businesses Family Businesses (“FBS”) are significant contributors to United Arab Emirates’s Gross Domestic Product (GDP), wealth creation and economic stability. However, research demonstrates that the survival rate of FBS...

Is Switzerland Introducing a Trust Law?

Is Switzerland Introducing a Trust Law? 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...

Checklist for protecting your family and wealth

Checklist for protecting your family and wealth “Operation Bridge” – How to best protect your family and 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...

Can I Create A Trust Under Swiss Law?

Can I Create A Trust Under Swiss Law? 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...