"Use of Trusts, Foundations or other legal tools for effective estate and succession planning"

Many“Family Businesses” and "Family Offices" They usually have a common problem, its disappearance in the second or third generation, normally due to a lack of understanding, lack of leadership, management or, simply, the organization of the company and a different vision of its future.

For this reason, although the usual thing in most of these cases is to do nothing until the founder dies, whatIt is advisable to start a process before this happens,allows the business succession to be organized in an adequate and consensual manner, with the aim of ensuring that it lasts over time., avoiding not only economic problems, but also emotional ones, due to the emotional component that unites the members.

Although there are various alternatives to carry out the succession of a family business, on this occasion we are going to focus on what is known as“family protocol” and the use of"Fideicomisos" or "Trusts" as a tool to ensure compliance.

Likewise, we will delve into the use of trusts, foundations, Holdings and other legal tools to carry out effective estate and succession planning. 

Topics to discuss:

• How to demand compliance with family protocol through a trust?
• What are the effects of a trust or Foundation in the USA?
• What are the advantages of having a trust in the USA?
• How to transfer family wealth to the next generation efficiently and effectively?
• The will as a legal succession tool
• Impact of tax reforms
• Reportable schemes and obligations on the part of legal advisors
• Legal effects of family protocols