The Liechtenstein trust company Industrie- und Finanzkontor Ets. and the University of Liechtenstein will present the I&F Family Wealth Preservation Award to students of the Executive Master of Laws (LL.M.) in Corporate, Foundation and Trust Law on 29 January 2024. The award offers realistic insights into the practice of the Liechtenstein trust sector within an academic framework and in particular sharpens awareness of the importance of assets and family values.

As part of a practice-oriented case study, the participating students dealt with complex issues relating to asset structuring through legal entities, intergenerational asset and succession planning, long-term asset protection, and family governance mechanisms. In developing their proposed solutions, both legal as well as entrepreneurial and family factors had to be considered. This is because long-term asset planning, often aimed at multiple generations, not only requires legal considerations but also an understanding of family situations and objectives.

With the I&F Family Wealth Preservation Award, students gain insight into the diverse demands of fiduciary activities and can apply asset structuring through foundations, trusts, or establishments in practice. Against this background, the I&F Family Wealth Preservation Award has become an important link between academia and practice within the LL.M. in Corporate, Foundation and Trust Law.

On Monday, 29 January 2024, the winners of the fifth I&F Family Wealth Preservation Award will be announced as part of a formal award ceremony and presented with a total prize money of CHF 9,000.