Harry Cendrowski
Welcome to the fall edition of our GGI FYI Trust & Estate planning newsletter. I am looking forward to seeing everyone in October 2023 at the GGI World Conference in Lisbon, Portugal.It continues to be a challenging time with many sectors of the real industry experiencing seismic shifts. Many well know properly owners are deciding to turn the keys over to the financial institutions. This will have an impact on financial institutions. Many of these ins have severely curtailed lending which will impact businesses. Business Valuations will be impacted by high interest rates and high inflation. We need to stay diligent and focused on these significant changes when consulting with our client’s overall asset allocations. It is our responsibility to be proactive and not reactive.In this issue, GGI offers GGI authors from around the world keep you updated on the latest developments in the area of the estate and income tax planning.Tony Nunes & Lakmini Mahipala, Kelly + Partners, Australia, discuss if lost trust deeds are a big deal and how to handle it. Kelsey M. Scanlan, Moss & Barnett, USA, reports on Estate planning for cohabiting couples in the US. Stephanie Mooney, Kingsley Napley, UK writes on UAE Wills for expats. Roberto Cagnazzo, Three & Partners, Italy, informs on tax planning for non residents when purchasing real estate in Italy.
Jolene Tan, SingAlliance, Signapore, updates on Singapore’s variable capital companies. Meghan Tepas and Mike Whitty, both SGR, USA, look at family-owned businesses and trusts.
Christopher Pitaluga, Abacus Financial Services Ltd, Gibraltar, shows advantages of a corporate structure for holding US real estate by non-US citizens.
Prof Sergio Guerrero Rosas and Marcela Olguin, Guerrero y Santana, Mexico, explain how a temporary Mexican residence can be obtained by acquiring property in Mexico.
Guy Wiltcher, Greystone LLC, Isle of Man, updates on proposed changes to Isle of Man trust law.
If you wish to contribute an article to the next edition of our GGI FYI Trust & Estate Planning Newsletter, you can already send your topic idea to Barbara.
With sincere gratitude
Harry CendrowskiResponsible Editor & Global Chair of the TEP Practice Group
GGI member firmCendrowski Corporate Advisors LLCBloomfield Hills (MI), USAT: +1 248 540 5760
Advisory, Corporate Finance, Fiduciary & Estate Planning, Tax
Contact Harry.
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