Combining Legal Structures for Cross-Border Succession
Insights based on a Multilaw webinar presented by Alexis V. Herrera Jr.
For internationally mobile families, succession planning is rarely about selecting a single legal structure. The challenge is to balance ownership, control, income, governance and succession across generations, often while assets and family members are spread across several jurisdictions.
In a recent Multilaw webinar, Alexis Herrera Jr. examined the range of legal vehicles available under Panamanian law and how they can be combined as part of a wider international wealth-planning strategy.
From usufruct arrangements and flexible corporate structures to trusts and Private Interest Foundations, the presentation demonstrated how Panama’s civil-law system provides advisers with several different tools for addressing succession and long-term family governance.
