There are many situations in which an individual could benefit from organising part of their patrimony in a structure with a distinct legal personality. These include succession planning, the organisation of management powers within a family business, speculative operations or borrowing.

 

With the law of 11 May 2007, the Luxembourg government created a vehicle designed for the management of individuals’ private wealth: the société de gestion de patrimoine familial (SPF). It is a simple, flexible wealth management vehicle that conforms with EU regulatory requirements.

 

Please click here to get to the article: spf.pdf.