July 25, 2018
With their two children living in different parts of Europe, Martin and Sophie might not be physically close to them but certainly have their best interests at heart. This is why they decided to take out a mixed death and survival insurance policy which insures all four family members. A contribution of €2 million as an initial premium will cover the entire family and taxes are deferred until partial or total redemption of the policy. In the case of policy termination, the children will receive an equal proportion of the pay-outs in a tax efficient manner in both Madrid and Sweden, their locations of residence.
To find out more about the benefits of a life assurance policy for an international family like the Svensson’s, Read our #Success in #Succession Part II e-Book and check out our Succession Checklist => here!
Source: OneLife & Scorpio Partnership