How is Estate and Succession Planning done?

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Estate and succession planning is a personalized process, adapted to the needs and desires of each individual. Not necessarily, but usually it involves a business structure, called a “Holding”, in addition to the preparation of legal documents that establish the rules for the transfer of assets, rights and the administration of the estate itself.

Furthermore, it is essential to consider tax and financial aspects, seeking strategies to optimize asset protection and minimize tax burdens. These strategies are also possible involving asset holdings, family holdings or the use of specific legal instruments to benefit asset succession.

It is essential to guide the related parties in asset gambling data singapore and succession planning, thoroughly analyzing the asset situation and understanding their objectives and needs in order to propose the best legal solutions to achieve them. In addition to assisting in choosing the most appropriate strategies for asset protection and risk minimization.

Types of holding
In first place in the ranking of the most used, we have the asset holding company, a company set up to aggregate and concentrate movable, immovable or financial assets, administering and managing the respective gains, such as rental income, with greater tax and fiscal efficiency, in addition to facilitating asset succession.

Next, we have the holding company, which aims to hold shares in the share capital of other companies, in place of one or more individuals. With this structure, it is possible to protect the identity of the partners, who are not even listed in the articles of association, since they are replaced by the legal entity. In addition, it becomes possible to segregate the assets involved in the business risk, facilitating management and protecting the family group.