succession

 

Family Matters On Line

A WORLDWIDE INITIATIVE OF INDEPENDENT EXPERTS

 

Family Matters On Line has been created with the help and input of dozens of independent experts from around the world. We all have vast experience with matters that are important for families worldwide. Family Matters is committed to making our collective experience freely available to anyone looking for ideas and solutions for their important family matters.

Together, we provide help through our short articles on various topics. Our goal is to answer questions that families have about matters such as planning and protecting their estate, running and transferring their family business, and organizing medical proxies and emergency measures.

These days, many people are worried and ask themselves questions like, “Who is my family, and what should each of them receive and when?” “Should we prepare and train the next generation to take responsibility for the business?” and “How should we organize our family, and what if something happens to one of us?”

Family matters now more than ever, and families need answers. So, we will help because everyone matters.

 

The editor Philip van Hilten

Why

Family Matters

Over time, families tend to grow and so do their assets if they are well-planned and managed. The older generation will eventually have to hand over control of their estate, and the new heads of the family must be identified, groomed, and accepted. This process takes time and effort, especially since the rest of the family must accept and support the new leaders. This raises questions such as “What do we tell those who will not have leadership roles? What role, information, and influence should non-leaders have?”

Family Matters On Line website

This website shares practical answers and experiences about this process. It also provides brief explanations of suitable and flexible structures, such as Foundations, Trusts, and Waqf, to manage and finance the family, its assets, and its philanthropy.

Suggestions are given for secure estate and safe tax planning, and the ways in which families can be organized and governed for example through family offices and with the help of family governance through documents such as a family charter with the relevant core family values, culture and understandings within the family. These and many more topics with which families are often confronted, are covered.

Many authors have addressed issues related to people moving from one country to another and the risks and opportunities that come with it.

A few of our most recent articles

Expat succession, succession, succession of expats, miguel archer
Succession of expats in Portugal – the importance of nationality and choice

Succession of expats in Portugal – the importance of nationality and choice

As a foreigner residing in Portugal, it is advisable to look at succession implications, either if you already have a will or not, as the outcome may not be what you would expect. What is the succession applicable law of an expat in Portugal? Portugal (just like other European Union countries)...

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ensuring seamless transition, family business, non-family professionals
Effective Transitions for Non-Family Professionals in Family-Owned Businesses

Effective Transitions for Non-Family Professionals in Family-Owned Businesses

It is often seen that Family Owned & Family Manged (FOFM) Organisations at some point in time, hire non-family experts from within or outside the industry to accelerate growth and enhance the business. Family businesses may appear to be attractive employers for non-family professionals...

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Nazi-looted art, art law, families, moneylaundering, dominique labbruzzo
Germany and Switzerland address Nazi-Looted Art: Helping Families Navigate Art Law

Germany and Switzerland address Nazi-Looted Art: Helping Families Navigate Art Law

Germany and Switzerland Address Nazi-Looted Art: A Comparative Look at New Restitution Efforts As Germany establishes a new arbitration court for Nazi-looted art, aiming to streamline and accelerate the restitution process, the ongoing challenges in neighboring Switzerland provide a broader...

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Lump-sum taxation, switzerland, swiss, wealth, wealthy
Switzerland’s allure for the wealthy and lump-sum taxation: Understanding its attraction and potential benefits

Switzerland’s allure for the wealthy and lump-sum taxation: Understanding its attraction and potential benefits

Switzerland's allure for the wealthy is largely attributed to a policy known as lump-sum taxation. This distinctive approach assesses income and wealth to determine the tax liability in a unique manner. It is available to foreign nationals who establish their tax residence in Switzerland and...

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Integrative legal counseling, holistic leadership mentoring, dominique labbruzzo
Tackle Your Life Change with Integrative Legal Counseling and Holistic Leadership Mentoring

Tackle Your Life Change with Integrative Legal Counseling and Holistic Leadership Mentoring

An identity crisis in adulthood can be disorienting, especially when coupled with legal responsibilities and emotional challenges. Traditional approaches like psychotherapy or coaching often fall short in addressing the multifaceted nature of these crises. This is where Integrative Legal...

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diversity, equity and inclusion, HNWI, High-net-worth-families, DEI
Embracing Diversity, Equity, and Inclusion in High-Net-Worth Families

Embracing Diversity, Equity, and Inclusion in High-Net-Worth Families

In today's increasingly diverse and interconnected world, the principles of diversity, equity, and inclusion (DEI) have become essential. For high-net-worth families, integrating these values within the family unit can be particularly challenging, yet profoundly rewarding. Embracing DEI not...

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global wealth shift, wealth protection, HNWI preferences
Global Wealth Shift: How Geopolitical Uncertainty is Reshaping HNWI Migration

Global Wealth Shift: How Geopolitical Uncertainty is Reshaping HNWI Migration

As we advance through the third decade of the 21st century, geopolitical threats and shifting global dynamics are prompting high net worth individuals (HNWIs) to reassess the safest havens for their families and wealth. The war in Ukraine and the evolving relationship between China and the West...

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Foundation Law, Switzerland Revised Foundation Law 2024
Switzerland’s Revised Foundation Law 2024: Enhancing Flexibility and Governance

Switzerland’s Revised Foundation Law 2024: Enhancing Flexibility and Governance

After nearly seven years of debate, Switzerland's Parliament passed a revised foundation law on December 17, 2021, set to come into effect on January 1st, 2024. The updated law introduces several key changes aimed at enhancing the rights of founders, simplifying foundation modifications, and...

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Succession, Family business succession, transfer to next generation, competition
Succession and Competitive edge: Two Challenges Keeping Family Business Leaders Awake

Succession and Competitive edge: Two Challenges Keeping Family Business Leaders Awake

Among the many challenges you as leaders of Family and Founder Controlled Businesses (FFCB’s) face, succession and gaining or maintaining a competitive edge might be the ones keeping you awake. They may seriously impact the future of your business as well as the level of future involvement of...

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Portugal's Residency visas
Portugal’s Residency Visas: Golden Visa Changes and Alternative Routes in 2024

Portugal’s Residency Visas: Golden Visa Changes and Alternative Routes in 2024

The Golden Visa changes are not yet in force, as they still need to be approved by the Portuguese President of the Republic and, afterwards, published in the “National Republic Gazette”. However, as analyzed in this article, not only some of the Golden Visa modalities will be maintained -...

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NTTR, spain, tax regime, expats, expats, source: sam williams unsplash.com
A short introduction to the NTTR: Spain’s Gateway to Tax Efficiency for Expats

A short introduction to the NTTR: Spain’s Gateway to Tax Efficiency for Expats

The Spanish Special Regime for New Temporary Tax Residents (“NTTR”) Widely known in the market as “The Beckham regime”, and formally referred to as, following a literal translation, “Special Tax Regime applicable to employees, independent professional contractors, entrepreneurs and investors...

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