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Kiplinger
Kiplinger
Business
Martin Behn, J.D., TEP

I'm an Estate Planner: Moving Family Assets to a Safe Haven Abroad Could Be a Huge Headache for Your Heirs

A man massages his temples as if he has a headache while looking at his laptop.

In times of great geopolitical and economic uncertainty — like the one we're living in — wealthy individuals and families have strategies to protect and diversify their assets.

Many asset management groups, private banks and multifamily offices are reporting a notable spike in interest among clients looking to set up banking and investment accounts in "safe haven" jurisdictions such as Switzerland.

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