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Wealth preservation isn't just about having a plan. It's about having the right one.
For many Middle Eastern families, legacy planning can be a delicate balance between personal wishes, regional laws, and cross-border realities. Yet, even the most successful families can fall into common traps that threaten the very wealth they've worked to build.
From forced heirship pitfalls to overlooked luxury assets, we explore five common mistakes in wealth preservation among Middle Eastern families, and more importantly, how to avoid them.
1. Ignoring Forced Heirship Rules
The Risk: Regional laws may override personal wishes, leading to unintended division of assets.
Avoid It: Plan ahead with compliant structures that respect both local laws and family objectives.
2. Overlooking Cross-Border Complexities
The Risk: Families with assets or heirs in multiple jurisdictions face tax, reporting, and inheritance conflicts.
Avoid It: Seek multi-jurisdictional advice and implement international structuring.
3. Neglecting Luxury Asset Protection
The Risk: Yachts, jets, art, and prime real estate are often held in personal names, leaving them exposed.
Avoid It: Ring-fence assets in purpose-built entities to protect against claims, disputes, and political risks.
4. Delaying Succession Planning
The Risk: Waiting too long to plan creates uncertainty, family disputes, and wealth erosion.
Avoid It: Start early. Establish governance, educate the next generation, and ensure continuity structures are in place.
5. Relying on Informal Agreements
Avoid It: Use formal structures (trusts, foundations, family charters) to clearly define rights, responsibilities, and succession.
PRESERVE WHAT MATTERS. PROTECT WHO MATTERS.
Navigating wealth across generations or borders requires more than foresight – it demands expertise.
At Sentient International, we create bespoke corporate and trust solutions for:
- Estate & Succession Planning
- Protection of Luxury Assets
- Navigating Forced Heirship Rules
- Long-term Wealth Preservation
- Cross-Border Transactions
Our approach ensures that your legacy and the people and assets you care about most, are secured for generations to come.
Whether forming an SPV for asset holding or corporate transactions, or establishing a trust or foundation to secure family wealth and manage succession, our expertise ensures every solution is strategically designed, compliant, and built to endure.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
