family office

How UHNI families can use succession planning to safeguard their enterprises from tax consequences

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How UHNI families can use succession planning to safeguard their enterprises from tax consequences

Ultra High Net Worth (UHNI) families face many challenges when it comes to succession planning. Beyond ensuring a smooth transition of ownership and leadership, they must also see complex tax implications that can significantly impact their wealth. Effective succession planning can help UHNI families minimise these tax consequences and protect their enterprises for future generations. … Read more

Personal use of family office money may be discouraged

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Personal use of family office money may be discouraged

Amid an unstated concern over the flight of capital and migration of the rich, Indian regulatory authorities are taking a stance that family offices floated by local business families in offshore jurisdictions or in financial centres like GIFT City should not be used to acquire overseas properties for ‘personal use’, or with the intention to … Read more