Wealth management
The GGI Trust&Estate Planning Autumn Newsletter is now online, with the editorial of our Managing Partner, Stefano Loconte, as the Global Chairperson of the GGI Trust&Estate Practice Group.
Our Junior Associate Beatrice Molteni authored an article on the wealth planning for professional athletes, with a special focus on the tax incentives in Italy.
The GGI TEP Autumn Newsletter offers numerous contributions on specific topics written by GGI members from all over the world.
A great opportunity to share the latest updates and developments on the trust and estate planning sector!
Read the the pages we curated in this issue in the following PDF (Download)
By Stefano Loconte, Angela Cordasco e Beatrice Molteni
Stefano Loconte, Angela Cordasco and Beatrice Molteni from Loconte&Partners authored the Italian chapter of the very prestigious Chambers Private Wealth 2020 Guide. ⠀
The contribution covers many interesting topics related to the Private Wealth area, such as the new attractive tax regimes, the trust regulation in Italy, estate law and family business planning.⠀
Once again, Loconte&Partners wealth management team’s has been chosen for its expertise in assisting HNWI.⠀
Read and download the full issue here (Download)
By Stefano Loconte for IFN Islamic Finance News Volume 17 Issue 26 (1st July 2020)
“It is remarkable that the Italian legal framework does not forbid but at the same time does not even expressly authorize these operations. The main reason why these operations are not performed in Italy is due to the fiscal costs. In fact, these financial operations are subject to double taxation compared to the traditional ones. The costs incurred will not be, economically speaking, sustainable for the banks. At this point, it seems necessary for the introduction of a specific framework to balance the Islamic finance model with the traditional models, in line with what has has already been done in other European member states”
Read the full contribution of our founder Stefano Loconte, published in Islamic Finance news Volume 17 Issue 26 dated the 1st July 2020, about the possibility and the difficulties of creating the “Islamic windows” in Italy.
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You can also download the single PDF page at this link (Download)
By Elisa Carollo
ARE YOU READY FOR ART BASEL (ONLINE)?
In this article by our Art Advisor Elisa Carollo on ART SHE SAYS a short overview and a selection in “pink” from the preview days, to help you navigate the + 4.000 works and 282 galleries included in this year art fair online.
Enjoy!
“After its postponement, we were waiting for Art Basel in IRL (in real life) in September, and all top collectors and dealers had already booked their usual room at the Le Trois Rois.
However, between podcasts and webinars where the art world discussed if and how it will survive and whether collectors are now familiar with buying online, eventually Art Basel was forced to cancel this year’s edition and postpone its 50-years celebration hopefully under Miami palms, once these “challenging times” are over.
So Art Basel (Basel) opened once again only as a virtual fair, starting yesterday with 2 days of VIP previews preceded by a “virtual welcome reception” on Zoom with the directors Marc Spiegler, Noah Horowitz and Adeline Ooi.
No champagne, physical human contact, or networking, but the art fair added new features on its platform, making it much easier to navigate, including interactive content such as videos of art or artists explaining their works, providing framework to the 4000+ artworks to browse through, otherwise art dealers and collectors would be at an endless scroll.
Still, as the director Marc Spiegler said to the Financial Times, this “Amazon art world sounds more like hell than heaven. It is a world with no power to move our souls,” and he hopes to come back soon in welcoming physical visitors to the
You can read the full article at this LINK