R11 estate planning in a global context

...Contents Introduction Domestic Estate Planning: Some Basic Concepts Core Capital and Excess Capital Transferring Excess Capital Estate Planning Tools Cross Border Estate Planning www.irfanullah.co Introduction... • Estate planning is an important component of wealth management – Inheritance planning – Business succession – Charity – Wills – Tax planning www.irfanullah.co Domestic Estate Planning: Basic... Example www.irfanullah.co 28 Transparency and Offshore Banking Tax avoidance vs tax evasion Trend towards increase in information exchange and transparency across countries This makes tax evasion