Staff, Marcus
June 2005
Lawyer;6/13/2005, Vol. 19 Issue 23, p45
Trade Publication
The article focuses on the increasing establishment of private family trusts in Switzerland. According to some estimations, 30 per cent of the world's private wealth held outside the owners' countries of residence is managed in Switzerland. It is in this fertile ground that the seeds of private family trusts are sewn. The trusts industry in Switzerland has prospered by working with host jurisdictions. Swiss banks and law firms often have affiliated trust companies in one or more host jurisdictions to act as trustees for their clients.


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