Estate planning trusts allow flexible arrangements to hold and distribute wealth after the settlor's death. Learn more about the types of trusts and use cases.

1. w w w . c e n t r o l a w . c h
Improving Your
Estate Planning
Key
Considerations

2. Estate planning is a crucial process that
ensures your assets are distributed
according to your wishes.
It can be complex, especially for blended
families, those with life insurance
considerations, and individuals with
international ties.
Let's explore these aspects in detail.
Introduction

3. Blended families bring unique challenges
to estate planning.
The presence of stepchildren, ex-
spouses, and multiple households
necessitates clear definitions of asset
distribution.
Blended Families

4. Setting up trusts for specific family
members or allocating assets to your
spouse while ensuring children from a
previous marriage are cared for can
help.
Understanding inheritance laws is also
crucial.
Blended Families

5. Life insurance can be a versatile tool in
estate planning.
It can provide liquidity to settle
inheritance taxes or compensate family
members who may not inherit a family
business.
Life Insurance

6. Private placement life insurance allows
for a broad range of investments, while
universal life insurance provides a high
death benefit.
The choice of life insurance depends on
your specific circumstances and
objectives.
Life Insurance

7. International scenarios add complexity
to estate planning.
If you have more than one nationality or
assets in various jurisdictions, it's
important to consider the laws of each
country.
International
Scenarios

8. Having more than one will, especially if
real estate is involved, can facilitate a
less complicated transfer of wealth.
Changes in residence or marital status
should also prompt a review of your
estate plan.
International
Scenarios

9. w w w . c e n t r o l a w . c h
Estate planning is a dynamic process that
requires regular review and adjustment.
To recap:
Whether you're part of a blended family,
considering life insurance, or navigating
international scenarios, thoughtful planning
can ensure your assets are distributed
according to your wishes.
Seek professional advice to navigate the
complexities of estate planning effectively.