Working in Estate Planning for High Net Worth Individuals
Over the last couple of years, Goran Studen has specialised in advising Ultra High Net Worth Individuals (UHNWI), institutional clients and family offices in all aspects of estate planning and inheritance law.
He says: “As Managing Partner at JSP Jakob Studen Partner my focus is to develop our law firm in terms of broadening our client portfolio as well as strengthening our existing client relationships. Furthermore, it is my task to develop and implement a mid- and long-term strategy and vision and to translate it into our daily business.”
Goran speaks on how he combines academic and practical expertise and advises UHNWI, corporations and foundations among his clients.
What are common areas your clients seek advice about?
Many of our clients seek advice in the field of estate and wealth planning. In this context we pursue a holistic approach and also evaluate the need for personal planning, i.e. health care proxies and living wills. Establishing trusts and foundations in Switzerland and abroad, as well as relocation issues and cases involving private international law, are a regular field of activity for our UHNWI clients.
Our corporate clients need regular advice on commercial and company law matters. Furthermore, they rely on JSP Jakob Studen Partner for commercial and M&A transactions. Finally, we offer all-round legal advice for foundations and foundation board members – another core client group of ours.
Can you share with Lawyer Monthly the ways in which you accomplish your aim of passing on entrepreneurial legal advice with a philanthropic element?
One of the pillars of JSP Jakob Studen Partner has always been offering legal services to foundations and non-profit entities and we take pride in actively engaging in charitable institutions and supporting our community. We see ourselves as legal entrepreneurs and often share the passion and ambition of our clients. Since we at JSP Jakob Studen Partner ‘live’ according to our principles and vision, developing and implementing a strategy for our clients is a matter of course.
Have there been any changes in estate planning and asset management regulations which have deeply impacted your clients?
Currently transparency, compliance and anti-money laundering are hot topics in our area of work. The push from governments around the globe to identify and register beneficial owners of assets, corporations and other structures leads to many uncertainties and requires a careful review and, if need be, adjustment of the existing estate and wealth planning of our clients.
As Thought Leader, can you share ways in which the legal sector in Switzerland could change in order to make processes easier for your clients?
As legal community we face a seismic shift in the legal sector in Switzerland and abroad; in the next years we expect a generational shift and automation and artificial intelligence to become irreplaceable tools in our industry. Lawyers and law firms taking a “one-size-fits-all” approach, will need to reconsider their strategy. Having said this, we are confident that automated legal services and personal legal advice based on trust and integrity can and will exist side by side leaving ample room for specialised law firms like JSP Jakob Studen Partner.
Can you share with Lawyer Monthly your postdoctoral research and how this research changed the way in which you practiced law?
My focus in my postdoctoral research is information rights including procedural questions of enforcing them. My research has put me in a position to advise our clients on the complex and often controversial topic of bringing valid claims to receive information as well as to implement adequate protection mechanisms.
Goran Studen
Partner
JAKOB STUDEN PARTNER
Bellerivestrasse 29
8008 Zürich
+41 (0) 44 260 17 04
mail@jsp-law.com
As an associate at an international law firm in Munich I had the opportunity to be part of substantial and cross-border wealth transfers. Following my relocation to Switzer-land, I joined a Zurich based law firm. Working in the Private Clients team of a top tier law firm has given me the unique opportunity to advise HNWI and UHNWI as well as Family Offices, corporations and institutions from around the world.
Building on my experience, in December 2013 I decided to expand my entrepreneurial horizon and to set up a law office in Zurich with a clear focus on providing independent legal advice to clients in Switzerland and abroad in the areas of inheritance law, trusts, estate planning and cross-border wealth planning.
With a clear focus on inheritance law, estate planning, foundation law and commercial aspects, JSP Jakob Studen Partner has quickly established itself as a leading legal brand in complex cross-border cases and legal wealth advisory in Switzerland. The flexibility to team up with suitable domestic and foreign experts gives us the opportunity to adopt an individual and purely client-driven approach in finding the best tailor-made solutions.
Our unique expertise in the field of national and international foundation law guarantees our clients the best possible advice with regards to the establishment and dissolution of foundations, ongoing advice for Board members as well as the evaluation of existing and implementing new structures and governance mechanisms.
