Inheritance

Inheritance of assets located abroad and involving heirs living in different countries most surely is a challenge for tax advisors, notaries and fiscal authorities as well as for courts administrating a heritage. Treaties to avoid double taxation do not exist in many cases so the rules of the countries involved apply. Yet money can be saved if instruments such as valuation and generation skipping are well played.

A close cooperation between the trusted family advisors and the network partners is essential to provide the tax declaration in due time.