MANAGING GROWTH TRUSTEES SA
Intermediari finanziari autorizzati dalla FINMA
Trust
Careful planning of asset transfer within your family
Changing needs
The global pandemic in 2020, followed by the outbreak of the Russia – Ukraine conflict in 2022, marked a period of profound uncertainty. Before these events, matters such as inheritance and the management of sensitive family issues were often postponed or insufficiently addressed.
The ongoing sense of instability has prompted a fundamental reassessment of priorities, emphasizing the need for thorough preparation in the face of extraordinary and unpredictable challenges.
Hence the growing need to plan one's future, also from a financial perspective, to ensure congruous generational wealth transitions and to prevent dispersion of assets accumulated over time.
Why choose a Trust
The Trust is a highly flexible institution, well-suited for drawing up long-term strategies and serving as a valuable tool against unpredictable and unforeseen risks, such as the loss of income sources, serious illness, or family crisis.
The Trust can adapt to emerging needs that arise in a context of progressive aging of the population as well as the evolution of the family - whether traditional, extended, transnational, as well as comprising civil unions and de facto couples.
The Trust can be tailored according to the concrete organizational structure of the business and the unique composition of the family, enabling harmonious and effective operational solutions that address the diverse interests involved.
WHAT IS A TRUST?
A Trust is a legal institution originating from Common Law whereby a Settlor entrusts part of his assets, segregating them from his personal estate, to a professional Trustee who manages and administers them for the benefit of named Beneficiaries.
The Beneficiaries may be family members of the Settlor or even third parties.
The Trust is formally recognized in many countries, including Switzerland and Italy.
WHAT IS THE PURPOSE TO SETTLE A TRUST?
The Trust can address a wide range of needs, primarily by:
- protecting assets placed in Trust from legal claims by third parties;
- safeguarding vulnerable individuals such as the elderly, minors or persons with disabilities or serious illnesses;
- facilitating succession in the management and ownership of family businesses;
- supporting the management of assets of unmarried couples and ensuring the economic support of biological children;
- preserving family assets and protecting children in the event of crisis, separation or divorce;
- providing support with relocations and transfer of residence, including guidance on pension plan implications.
HOW TO TRUST A TRUSTEE?
It is crucial to appoint a professional and institutional Trustee with extensive experience and that has been operating in the business for a long time, located in a jurisdiction governed by a strong and reliable regulatory and judicial framework.
In addition, it is advisable to choose a Trustee who is geographically proximate to the country of residence, demonstrates a solid financial foundation, and is insured against professional risk.
Managing Growth Trustees meets all these requirements.
WHAT ADDED VALUE DOES A TRUST PROVIDE IN SUCCESSION PLANNING?
When an individual owns assets across multiple countries or has heirs residing in different jurisdictions, succession planning inevitably involves complex cross-border considerations.
Divergent tax regimes, multiple languages, and the need to coordinate with all various authorities and professionals involved can make the succession process extremely complicated, costly, and time-consuming.
By transferring assets into a Trust, they are no longer owned by the Settlor and are no part of the estate. Assets in Trusts can be continuously managed and drawn upon.
Furthermore, a Trust allows to control the distribution of significant assets over time, preventing heirs from receiving large inheritances all at once and enabling better long-term wealth preservation.
WHY CHOOSE A SWISS TRUSTEE?
Switzerland is recognized for its political and economic stability and also for its solid legal foundations and efficient legal system.
Trustees in Switzerland are supervised and licensed by the Swiss Financial Market Supervisory Authority (FINMA).
This means that licensed Trustees must maintain adequate capital, insurance coverage and sound corporate governance.
Such a legal framework provides clients with protection and security.
WHY MANAGING GROWTH TRUSTEES?
Managing Growth Trustees is a leading licensed Trust Company specializing in the establishment and administration of Trusts aimed at the protection, preservation over time and generational transition of personal and professional assets.
Boasting 20+ years of experience in the field, we are well-established and reliable.
We operate according to internal policies approved by the Swiss Authority. We are subject to annual external audit and we also have solid due diligence process in place to accept external partners.
We never had any adverse legal court decision nor any insurance claim.
Can the Trust be right for me?
Some examples
Unforeseen events
A sudden illness
I thought I had the world in my hands but at some point everything changed and unfortunately an accident changed my life.
I want to be cared for to the highest standard but without burdening my family members.
Entrepreneurs for generations
Extended family
I want to protect the business my father built with great dedication, and ensure the interest of my children from both my previous marriage and my current relationship, which I do not plan to formalize through marriage.
I also own real estate across multiple countries worldwide. In the event of my incapacity or death, I am concerned that no one would have the knowledge or ability to effectively manage the company and these assets.
De facto couples
Together forever-but you never know
We built a startup together that achieved rapid success. In the event of bankruptcy, we want to ensure that not all assets are at risk. Additionally, if we decide to have a child, we want to guarantee their protection in the event of our separation.
Influencer
1 million followers but few trusted people
I have built my own wealth and saved diligently, although my investment experience is limited, having only invested in Bitcoin so far. I do not plan to marry or have children. In unforeseen circumstances affecting my health or life, I would like my assets to be donated to trustworthy charities, and for someone reliable to take care of my dog.