Agenda (Day 2) 2019

Mastering the wave of change

1st February 2019

Congress Centre Kursaal, Interlaken, Switzerland.

BREAKFAST AND NETWORKING

Kindly sponsored by LGT Ltd

CHAIR'S OPENING REMARKS

Dr Guillaume Grisel, LL.M. (Cambridge), PH.D., TEP - Vice-Chairman, Swiss & Liechtenstein STEP Federation

THE NEXT GENERATION: CHALLENGES AND OPPORTUNITIES ?

  • Demographic data on change of generation/ size of wealth
  • Strategies to build a successful relationship with the children
  • If children reject the structures set up by the parents can advisors/trustees lose the family ? What are the psychological or other origins of such a situation ?
  • How to include the next generation early on to ensure early interest and a smooth transition
  • What are the advantages of including the next generation early on.
  • What are Switzerland's and Liechtenstein's strengths and how to capitalise on them
  • What, if any, advantage does the US pose
  • What impact, if any, does forced heirship have on dealing with the family
  • What lessons can be learned from high profile family sagas

Nicholas Jacob TEP - Partner, Forsters LLP (Moderator)

Joshua Seth Rubenstein TEP - Partner, Katten Muchin Rosenman LLP

HSH Princess Therese of Liechtenstein - Investment Associate

Dr Marina Walter, Medical Doctor, University Center of Legal MedicineGeneva/Lausanne (CH), HUG

HOW TO DEAL WITH ELDERLY CLIENTS/BENEFICIARIES AND MENTAL INCAPACITY

  • Incapacity overview: Common law jurisdictions and civil law jurisdictions
  • Governing law of the trust versus the law of the individual's domicile
  • Trigger event. Who takes the lead ?
  • Trustee's duties. Proactive or reactive ?
  • Evidence
  • Standing of interdicted person's representative
  • Trusts for incapacitated persons
  • Modification of terms and practical steps

Andrea Vicari TEP D.J.S. (Cornell) - Managing Partner, Vicari & Associati (Milan) (Moderator)

Edward Reed TEP - Partner, Macfarlanes LLP

Craig Swart TEP - Partner, Dickinson Gleeson

NETWORKING & REFRESHMENTS

Kindly sponsored by Accuro Trust (Switzerland) AG

MOBILITY AROUND THE WORLD. HOW FAMILIES GLOBE TROT AND SETTLE IN.

Immigration to US, UK, Israel, Portugal, Malta and Cyprus.

  • What are the advantages and disadvantages each jurisdiction has to offer from a tax and non-tax perspective?  
  • Pre and Post Immigration & Tax Planning
  • What is the typical client who would suit each jurisdiction? 
  • Cases the speakers have dealt with, including the success and the challenges faced.
  • Political instability and what our UK clients are doing
  • Why would anyone still move to the UK
  • Residence and citizenship shopping

Maurizio di Salvo - Of Counsel, Andersen Tax Legal

Justine Markovitz TEP - Head of Swiss Operations, Withers

Michael Maxwell - International Business Development Manager, Dixcart Group

Inbal Faibish Wassmer - Partner, Rosenberg Abramovich Schneller, Advocates, Tel Aviv and Zurich (Moderator)

THE SWISS-UK AXIS

  • The latest news on Brexit in general: 1.5 months before D day.
  • Passporting : effects on the City: will we see an exodus of banks etc and therefore highly skilled employees (our type of clients)
  • Go behind the hype: will aircraft really be grounded etc
  • What does it mean for our internationally mobile client: will they leave the UK, what should we be advising them?
  • Free movement of persons, including tourists
  • Direct influence of Brexit on UK’s attractiveness for high net worth individuals? And for the professionals who advise them?
  • Indirect influence on Switzerland
  • Is Brexit an opportunity to strengthen cooperation between the UK and CH in the financial sector or is it the opposite?

Michael McKay - Founder,"The McKay Interview" (Moderator)

Jane Owen - Her Majesty's Ambassador to the Swiss Confederation and the Principality of Liechtenstein

Duncan MacIntyre - Chief Executive Officer, UK, Lombard Odier

LUNCH & NETWORKING

Kindly sponsored by Swiss Life Global Solutions

CHAIR'S OPENING REMARKS

Dr Johanna Niegel, LL.M. (Columbia University), Dip (ITM), TEP - Committee Secretary, Swiss & Liechtenstein STEP Federation and Chair of Verein STEP

NEWS FROM SWITZERLAND, LIECHTENSTEIN AND THE WORLD

  • Focus on value and long-term relationships: a view from Switzerland
  • US estate planning updates
  • US private client litigation updates
  • New and updated trust and foundations laws in the GCC common law jurisdictions
  • East Asian development: China, Hong Kong and Singapore
  • International developments and recent changes in tax legislation
  • Blockchain Act in public consultation

Stephanie Jarrett TEP - Partner, Baker McKenzie (Moderator)

Patrick Brunhart - Deputy Director, Liechtenstein Office for International Financial Affairs

Joshua Seth Rubenstein TEP - Partner, Katten Muchin Rosenman LLP

David Russell AM RFD QC TEP - Barrister, Outer Temple Chambers

 

NETWORKING & REFRESHMENTS

Kindly sponsored by Dohle Corporate and Trust Services Ltd

THE GREAT NEW QUESTIONS FOR TRUSTEES - YOUR CHANGE TO INFLUENCE THE DEBATE

  • Proposed Swiss trust law
  • Swiss trust regulation
  • Supervisory organisations (including SOWT)
  • What should be the role/position of the Swiss & Liechtenstein STEP Federation with respect to these issues ?

Nicholas Jacob TEP - Partner, Forsters LLP (Moderator)

Filippo Noseda TEP - Partner, Mishcon de Reya LLP

Luc Thevenoz - Professor of Law, University of Geneva

David Wallace Wilson TEP M.C.J. (NYU), Partner, Schellenberg Wittmer Ltd

CONFERENCE ROUND-UP AND CLOSE