The unexpected Covid-19 crisis and the consequent global economic slump has brought into sharp focus the necessity for high net worth individuals and families to consider putting into place effective estate and succession planning structures. The frailties of life are all too evident and critically, the risks and complications arising within families and family-owned businesses from a lack of planning tend to be costly and are likely to result in a significant loss in the value of family assets.

Anjarwalla & Khanna Senior Partner Atiq Anjarwalla and A&K Partner Mona Doshi, who are recognised as leading advisers to high net worth individuals and family businesses across Africa, India, Pakistan and the GCC. Mona and Atiq advise on a wide range of matters impacting high net worth families and businesses including estate and succession planning issues both local and international, local and off shore trusts, foundations, will and will trusts and other structures for holding and managing wealth. In addition, advice is given on local and international tax and residency issues relevant to leading families. Mona and Atiq also assist families in connection with corporate governance issues, family constitutions and family shareholder agreements with the aim of devising structures that enhance capital preservation and generational succession. It is the case that while business families have been adept at creating wealth, the attention paid to preserving that wealth and preparing to pass it on to generations or beneficiaries still lags behind the global curve.

Catch up with Atiq and Mona as they share their professional opinions at various forums, where they will be addressing pertinent legal issues to consider in connection to multi-jurisdictional estate planning as well as applicable estate planning structures to deliver increased quality of life, mobility and security in preserving assets.

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