STEP – Advising Families Across Generations

Tomorrow is World Adoption Day, a day to raise awareness of adoption. STEP has a number of articles that help advisors support families with estate planning who have adopted children. Last year we published a STEP Journal article with an insight panel about how to define a child and what challenges (if any) these definitions pose for today’s modern family. Read the article: https://bit.ly/3UwdO7p #WorldAdoptionDay #ModernFamilies

From a taxation perspective, the United Arab Emirates (UAE) has historically promoted a policy of absence of direct federal taxes, such as corporate or personal income tax. However, the UAE is aiming to shed its reputation as a so-called tax haven. The removal of the UAE from the EU’s blacklist in 2019 has assisted in changing this perception. In this STEP Journal article Donatello Pirlo LL.M TEP and Guido Ravaglia TEP from Statura Group consider the UAEs tax residency criteria. Read the article: https://lnkd.in/e6x3CrGT Did you find this article useful? Why not share it with your network! #STEPCPD #Tax

There is still time to complete our survey on evolving attitudes to wealth and taxation. Take a moment to complete the survey and share your insight by 13 November 2024. Complete the survey: https://bit.ly/3NFzom8 Tag anyone you think would be interested in contributing to this survey in the comments. #STEPProfile #RSOW

We are proud to support St Christopher's Dinner at Goldsmith's Hall on 19 November. St Christopher's is a specialist palliative care service in the UK that also runs community programmes that offer practical, emotional and spiritual support to over 7,500 people. Every year in November around 200 private client lawyers from some of the largest firms in the UK and Switzerland gather with colleagues and peers at this prestigious venue for this invite only dinner. Support St Christopher's: https://bit.ly/4hrz4Fh #Charity #GivingBack

The Department for Business and Trade in the UK has released the results of research undertaken on the value of corporate transparency and the company register in tackling economic crime. The research particularly focuses on the impact of the introduction of the Economic Crime and Corporate Transparency Act 2023 and the reforms to Companies House. Read more: https://bit.ly/4fiL2j6 #STEPCPD #EconomicCrime

Singapore has published an updated national anti-money laundering strategy, taking into account key risks observed by agencies over recent years, including the recently updated Money Laundering National Risk Assessment. Read more: https://bit.ly/3UGU2WO #STEPCPD #AML

In the article 'Bodily autonomy' in STEP's supplement about modern families, Emily Mailer outlines the process necessary when advising a family wishing to exhume an individual’s remains. Download the supplement: https://lnkd.in/eBYvrXmQ #STEPProfile #ModernFamilies

In this video Emily Deane, TEP, Technical Counsel and Head of Government Affairs at STEP, discusses the publication 'Special Reports - Power of Attorney Legislation: A STEP Global Guide'. In this publication STEP members present Q&A-style chapters for their own jurisdictions that address a range of key topics. Find out more: https://bit.ly/4cVEO7g #STEPProfile #PowerOfAttorney

Emily Deane, TEP, Technical Counsel and Head of Government Affairs at STEP, has shared STEP's initial statement and reaction to the Autumn Budget announced last week in the UK in this article from Family Business United. Read more: https://bit.ly/3NYUP1E #STEPProfile #Budget24

Regulation and compliance requirements in key offshore jurisdictions have only increased over the past two decades. In this STEP Journal article Alex Porter TEP and Matthew Southwell TEP from Sequent Group explore fiduciary services complexity in Guernsey’s regulatory environment. Read the article: https://lnkd.in/eg5-rTJz Did you have thoughts on this article? Share them in the comments! #STEPCPD #Guernsey