The average and importance wealth management is a privileged activity in Luxembourg. It has a highly regulated legal framework in which professionals must submit. Many wealth managers or asset managers with an international dimension are located in Luxembourg. In 2007, an investment vehicle has even been created to ensure continuity of holding 1929 is the FHS, hear Family Heritage Society.
We omit here the wealth setting that is indeed the case of some experts warned, but rather the organization of this wealth for either conservation or transmission.
Using different type of Luxembourg structure, it is possible to simply structure their personal and real estate, for example by using a holding, one or more civil society and leading an FHS of course.
One of the ways we like especially is the use of civil societies that will serve the basis for detention in bare ownership of movable and immovable property. The interest here is to be able to easily share this wealth by his wishes without that this creates many and varied taxes. Then it is very easy to establish special contracts either between companies of the same group or between external companies for the usufruct and the commercial use of property placed in the civil societies.
From the perspective of the estate, it is generally easier when the elements are in companies because it is easier to distribute a number of shares that dividing a property, for example. It is also possible to organize a distribution of his assets in his lifetime by combining his children to the various incorporated companies.
The subject is so vast and particular according to each that it would be impossible to make a full description here, but, do not hesitate to contact us for further information.
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