In Liechtenstein a trust can be structured in such a way, that in the internal relationship (settlor - trustee - beneficiaries) a client’s home law applies, which is particularly interesting for our clients, as we can adopt and adapt already existing trust provisions. To the external relationship (trustee - third party) Liechtenstein law applies. In Liechtenstein there is no rule against perpetuity and no rule against accumulation.
The Liechtenstein trust can be used in many ways, because Liechtenstein trust law allows for many types of trusts, including:
The trust in Liechtenstein is used in particular to support family members, to implement succession and estate planning in the settlor's interests, to preserve assets over several generations, and to protect assets against unauthorised access. The trust assets are segregated third-party assets with the trustee.
On the 22nd of June 1948 members of the Princely House of Liechtenstein founded Industrie- und Finanzkontor, to restore family assets after the end of the Second World War and to manage them in a more targeted manner.
The long-term safeguarding of assets and wealth emerged as a general key issue.
75 years at the service of families and entrepreneurs.