Are trusts and foundations (still) the best structures for asset preservation and succession for the world’s wealthy? Session 2

2020, with all its uncertainties and new ways of working, has understandably reinvigorated interest for U/HNW families around the world to have a closer look at their estate and succession planning. This period of reflection has also reminded many that ‘basic’ succession instruments, whilst certainly useful, have their limitations, especially with cross-border family members and more complex multi-asset class fact patterns with related ever-increasing levels of exposure to various regulatory, tax and inheritance regimes.

There are numerous, often complex choices for U/HNW families and executives to make when it comes to succession planning - from the initial decision of a will versus a trust, to a trust versus a foundation, to choosing a trustee or foundation council, or setting up a Family Office. The selection of the domicile of any trust or foundation is also a very important factor given the unprecedented growth of global wealth and the globalisation of families and their assets. Finally, terms of trusts or foundations along with its broader ‘construction’ has also evolved and become more sophisticated, in many cases linking more elements of institutional style wealth governance. 

On this note, we are very pleased to invite you to join us for our webinar Are trusts and foundations (still) the best structures for asset preservation and succession for the world’s wealthy?

A panel of global experts will discuss and debate the current state of use of trusts and foundations by the world’s wealthy and how that is likely to evolve over the next couple of decades as we see the largest transition and succession of wealth the world has ever seen.

Moderator:  Steve Sokic, Group Head of Private Wealth

Speakers

• Jennifer Smithson, Partner, Macfarlanes LLP, London
• David Wallace Wilson, Partner, Schellenberg Wittmer AG, Geneva
• Vikna Rajah, Head; Tax, Trust & Private Client, Rajah & Tann Singapore LLP, Singapore
• Dina Kapur Sanna, Partner, Day Pitney LLP, New York

(If this time doesn't suit you, please click here to register for our morning session)