Estate Planning
Ensuring that you pass on your assets to your beneficiaries in the most tax efficient manner is a cornerstone of financial planning.
Dealing with bereavement is a very stressful and difficult time for any family without the additional burden of complicated financial affairs.
Probate can prove both costly and lengthy and it is imperative that your affairs are in order and that you have created a plan that will minimise the trauma for your family.
Inheritance laws change from country to country and are often highly complex.
It is very difficult, (for example) for UK domiciles (you take your fathers domicile) to avoid UK Inheritance Tax no matter where they are tax resident.
In Geneva, there are currently no death duties on the passing of estates between direct family members i.e. spouse and children but if you plan to leave part of your estate to other beneficiaries there may be punitive penalties to consider.
Forth Capital has access to all of the leading tax and legal experts to enable you to set up the most appropriate structure to protect you and your family’s assets.