#liechtenstein-foundations

#liechtenstein-foundations

The key to selling underperforming holdings at a loss and using those losses to cancel out capital gains on a dollar-for-dollar basis is to bring one's capital gains level down as close as possible to zero. Additionally, it's possible to use $3,000 of capital losses per year to offset other ordinary income, so there's the potential here with such a strategy to actually lower one's overall tax burden by selling the right securities at the correct time.

Currently, pension savings are not used for estate valuations when calculating IHT charges when someone dies. This means money left in a pension can be passed on without worrying about generating a tax bill. But from the new tax year in April 2027, pensions will be included in estate calculations. This creates a higher chance of pushing the value of an estate above the IHT threshold, currently 325,000.

On Wednesday, Treasury Secretary Scott Bessent sought to do some damage control. It doesn't appear to be working yet. Understanding what's happening with the dollar now traces back to early 2025, when the greenback hit a multi-year high relative to other currencies just days before Trump's return to the White House. The dollar has tumbled 10% since, a victim of the "Sell America" trade that first came into vogue after Trump announced sweeping tariff plans last April.

We begin with a deliberately ambitious question. What would it take for every person on Earth to live at least as well as someone in Switzerland does today-by 2100? Not culturally Swiss, but economically empowered with high incomes, long lives, strong education, and social cohesion. Achieving this would require global GDP to be about 8.5 times higher than it is today. That figure alone is enough to trigger skepticism. Will we have enough energy, materials, food, and innovation?

"We are still in the early days of the so-called great wealth transfer," says the lawyer Pierre Valentin, the joint head of art law at Fieldfisher. "The wave started in the US with the sale of collections such as those of Sydell Miller, Mica Ertegun and more recently, Leonard Lauder. The wave is coming to Europe, for example with the auction of the collection of Pauline Karpidas [last] September. I expect that there will be many more of those 'white glove' sales in the next 10 to 15 years because younger collectors collect differently from their parents and grandparents."

Trump on Wednesday is set to address the World Economic Forum in the Swiss Alps, where his ambitions to wrest control of Greenland from NATO ally Denmark could tear relations with European allies and overshadow his original plan to use his appearance at the gathering of global elites to address affordability issues back home. Trump comes to the international forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate

UBS Group AG is preparing to offer bitcoin trading to a select group of private banking clients in Switzerland. According to a Bloomberg report citing people familiar with the matter, the Swiss banking giant has been in discussions for several months about launching a cryptocurrency trading offering and is currently in the process of selecting external partners. The service would initially be limited to a small subset of Swiss private banking clients, with a broader rollout possible at a later stage.

Q Is it better to leave a pension in an Approved Retirement Fund (ARF) in two years' time or put it in a "zero tax" property option that avoids the stock market? What are the pros and cons of each?

Businessman who was penalised by the US Treasury now helps wealthy clients acquire 'rare assets' An Irishman in Dubai sanctioned by the US because of his business dealings with Russia has reinvented himself as a consultant helping the super-rich invest in "rare assets".