Preserving and growing wealth across generations is a primary concern for high-net-worth individuals and families. Luxembourg offers a robust and efficient solution through the Family Wealth Management Company (Société de gestion de patrimoine familial or SPF). This...
Family offices
Luxembourg family holding SPF: Navigating permitted financial activities
Luxembourg has long been a hub for family private wealth management, providing various legal structures to meet the needs of international investors. One such entity is the Société de gestion de Patrimoine Familial (SPF), which is specifically designed to facilitate...
Creating a Family Trust: structuring your wealth preservation
What Is a Family Trust? A family trust is an estate planning tool designed to protect and manage assets for future generations. By transferring assets into a trust, you appoint a trustee to handle and distribute these assets according to your instructions. This...
Family Offices in 2024: emphasizing simplicity, succession planning, and rising operational costs
Here are three recent developments related to family offices, the private wealth management firms catering to ultra-high-net-worth individuals: Focus on Simplicity and Adaptability: According to J.P. Morgan Private Bank's 2024 Global Family Office Report, family...