The aim of this guide is to provide its readers with a pragmatic overview of the laws and regulations of Private Client practice across a variety of jurisdictions.
Each chapter of this guide provides information about taxes, succession laws, wills, trusts and their structures.
The Q&A template for each chapter has been provided by Andrew Hine of Taylor Wessing.
Hot Topic: Economic Substance Requirements under new AML Law in Liechtenstein
Introduction At very short notice, to be specific a few weeks before the revision of the criminal offence of money laundering (Article 165 of the Liechtenstein Criminal Code; StGB) came into force on 1 July 2019, the Liechtenstein banks surprised the players in the financial centre by announcing that, as of the date of the …
Hot Topic: The use of trust in Italy
The institute of trust is increasingly getting used in Italy in the recent years, despite some difficulties mostly related to the fact that, as commonly known, Italy does not have a proper regulation for trusts. Indeed, the institute of trust has been recognized in Italy through the ratification of the Hague Convention of July 1st …