Private Wealth 2024 - UK

Private Wealth 2024 - UK

Ros Bever of Irwin Mitchell delves into the UK’s “great wealth transfer”, with GPB5.5 trillion expected to pass from baby boomers to younger generations by 2045. This involves more than just money, encompassing legacy and family dynamics. Key challenges include complex inheritance tax planning, especially with blended families and digital assets, and a rise in inheritance disputes.

Private Wealth 2024 - Monaco

Raphaëlle Svara of CMS Monaco outlines the key legal challenges faced by new residents in Monaco, as well as some of the attractions. Careful planning is essential as their existing matrimonial regime may need re-evaluation under Monaco law, and foreign prenuptial agreements may not be fully enforceable with regard to alimony or child support.

Litigation 2025 - Leichtenstein

Philipp Konzett and Michael Nueber of Nueber Konzett Rechtsanwälte discuss the complexities of recognising and enforcing foreign judgments in Liechtenstein, which is not party to some broader multilateral conventions such as the Lugano Convention. As re-litigation in Liechtenstein is often required, enforcement can be costly and time-consuming, and arbitration is a valuable strategic alternative.

Employment 2024 - India

Anshul Prakash of Khaitan & Co discusses India's evolving employment law landscape, particularly in relation to Global Capability Centres (GCCs). Although foreign entities establishing GCCs must navigate a host of both central and state labour regulation, several states offer incentives such as 24/7 operation, IT-specific exemptions, and recruitment-costs reimbursement to attract and support GCC growth.

Private Wealth 2024 – Canada

Suzana Popovic-Montag and Ian Hull, of Hull and Hulll, explore Canadian estates and trusts law in the context of rising wealth disputes: navigating high taxes with strategies like multiple wills and joint ownership to minimise probate fees, the significance of spousal rights in property division, and the importance of certainty of intention, subject matter, and objects.