When opening an investment account in a Bank to manage funds, many investors ask us if it is convenient to include a spouse or their descendants as co-owners to simplify inheritance procedures in the event of the death of the principal holder in the future.
These international insurances have a double component of savings and insurance so that the premiums paid have a return that is used in part by the insurer to guarantee the payment
Having cash available can, at certain times, be as important as making secure and profitable investments. The need for cash can be key to the future of the family's wealth.
Revenues from inheritance and gift taxes have reduced over the years; from an OECD average of 1.1% of total tax revenues in 1965 down to the present 0.4%.
Have you ever considered moving to another country looking for a better taxation for your assets? Why are there so many cases of athletes or artists who decide to change the country of residence for the benefit of their careers?
Potential family and business risks can be detected with good wealth planning, in order to protect our family against contingencies. However, without planning, structuring and organizing, we will not achieve such protection.
Family businesses can become a source of conflict between the different members making up the it. However, why are there businesses that have been very successful in generational change and others that have not? Discover with BBVA in Switzerland how a family protocol can contribute to success.