Brought to you by: Monaco Life
In our previous White Paper on “When does it make sense to set up a Family Office” we explored the huge and unprecedented era of transfer of wealth from one generation to the next, as the world’s most affluent individuals approach retirement and contemplate their succession and wealth planning issues.
The needs of these families are extensive, complicated, and require expert advice, so many are considering a Family Office to help them manage this transition and provide a crucially provide a framework for the Next Generation (Next Gen).
The problem is especially difficult for many advisers is that they are ill-equipped to connect with these Next Gen clients who are technology savvy and expect a very different service experience than their parents did.
Visitors to the 2021 Monaco Yacht Show will discover a new exhibition area dedicated to design and innovative solutions in superyachting: the Yacht Design and Innovation Hub.
“Cycling Sunday”, the one-day event that has proved so successful in previous years, has returned to Monaco, encouraging people to get out of their cars and onto their bicycles.
Monaco and Luxembourg have signed a cooperation agreement that will strengthen efforts in the fight against money laundering and terrorism financing.
Monaco residents will need to hold a health pass to access restaurants and bars from late August as the government responds to a “fourth wave” of the Covid epidemic.