Succession

and Gifting

I provide guidance on estate planning and the intergenerational transfer of your business to ensure optimal tax efficiency.

Business Succession Planning

To ensure the continuity of a business, the transfer of ownership, management responsibilities, and capital from the current generation to the next must be planned in a timely, efficient, and responsible manner.
Succession is a critical moment for the long-term survival of any enterprise.
Working in synergy with a team of specialists, I develop a strategic plan designed to:

  • Safeguard the company and secure its continuity over time

  • Ensure an equitable distribution of assets among heirs, reflecting their business expertise

  • Reduce the risk of family conflicts

  • Optimize the tax aspects of the transfer

Family Wealth Transfer

Planning inheritances and gifts is essential to avoid potential conflicts among heirs.

A family’s wealth consists of both tangible and intangible assets belonging to one or more family members: real estate, land, savings, investments, equity holdings, works of art, and more.
To protect and preserve this value over time, I design, propose, and manage a customized strategy that includes:

  • 1

    Preliminary analysis of the family assets

  • 2

    Implementation of the most appropriate legal instruments based on specific needs

  • 3

    Ongoing monitoring and periodic review of the chosen strategy

My goal is to ensure your peace of mind and long-term continuity.

The Benefits of Generational Succession Planning

Proper planning for the transfer of real estate, financial, or business assets to heirs makes it possible to:

  • Safeguard the integrity of the estate

  • Prevent disputes

  • Protect vulnerable family members

  • Optimize tax efficiency

Would you like an opinion on generational succession?

Request a remote or in-person appointment.

Case history

Navigating Legitimate Heirs and Protected Individuals

Luigi, an anesthesiologist, is separated and lives with Raffaella, who is pregnant. He has two minor children with his first wife, Chiara. A respected and meticulous professional, Luigi is aware of the growing professional risks he faces. During a dinner with colleagues, he learned about the numerous lawsuits recently filed against several hospitals and couldn’t help but wonder what would happen if he encountered a professional problem.

Would his professional insurance be enough to cover a potential settlement?

He has €800,000 in assets split between two banks. 50% is invested in a policy with his children as beneficiaries, while the other 50% is in funds and managed portfolios that he follows very little. Since he has limited time and his bank contacts constantly change, he hasn’t been able to establish a lasting, trusting relationship.

He also owns a property in the historic center of Turin and two rental properties in the suburbs, with a total value of €1 million.

He wants to protect Raffaella and their future child in some way.

Luigi was referred to me by a colleague for an opinion on his current situation and for advice on how to set up a succession planning strategy.

Summary of Proposed Solutions

The solutions I proposed to Dr. Luigi started with a careful mapping and analysis of all potential risks that could cause financial damage or even a temporary restriction on the use of his assets.

Regarding his medical profession, the main risk is claims for financial, biological, and moral damages caused to third parties due to errors, liability in prevention, treatment, and rehabilitation, or privacy law violations.

Concerning his family situation and legitimate heirs, it’s important to note that the fault-based separation attributed to Luigi does not exclude his first wife, Chiara, from his succession. In fact, Chiara will have the same inheritance rights as a non-separated spouse. She could also request adjustments to her maintenance payments if her needs change.
There are two minor children to protect, a new child on the way, and his new partner Raffaella, who would have no inheritance rights if Luigi were to pass away.

I therefore prepared a detailed asset protection report, using all the information available to me, to outline the priorities for protecting the individuals who depend on him, all within the limits of the law.

At this point, I suggested that Luigi obtain a supplement to his current professional insurance to preempt any potential claims. To protect his minor children, I recommended placing a trust on the rental properties. I also advised him to take out a life insurance policy with Raffaella as the beneficiary.

Regarding his financial assets, we decided to convert the other 50% invested in funds and managed portfolios into a private insurance policy. This solution would guarantee a 10% premium on the amount paid in case of pre-death, with the children as beneficiaries (including his future child), and would provide protection due to the high insurance content of the solution.

Do you see yourself in Luigi’s situation?

Would you like to learn more about the strategies and tools used in this case, or in similar situations?

If you want to get a free second opinion, contact me for a no-obligation meeting.