Wealth planning is the art of structuring your wealth while building it, preserving it, and in order to transfer it to the next generation tax-optimised. Wealth planning is a mix of tax planning, wealth protection, estate planning and business succession planning and relates to your total worldwide wealth.
Wealth Planning structures
All these potential threats stress the need for your assets to be structured (as tax-efficiently as possible and at the right time) if you are a wealthy (international) family. The average wealth planning structure may consist of:
- An International business company acting as a (foreign) holding company for the family business.
- A trust to safekeep and transfer assets to the next generation.
- A Foundation to be active in philanthropy
- Life insurance solutions to set aside wealth for specific family members.
- A Professional investor fund to invest in a controlles and optimized manner
- Wills & prenuptial agreements to safeguard assets from family by marriage
