Kindly sponsored by LGT Ltd
1st February 2019
Congress Centre Kursaal, Interlaken, Switzerland.
BREAKFAST AND NETWORKING
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