{"product_id":"16-e-book-warum-bestimmte-luxus-und-betriebs-vermogenswerte-uber-separate-gesellschaften-gehalten-werden-konnen-paul-kappel","title":"Serious 16 E-Book: Why certain luxury and operating assets can be held via separate companies - Paul Kappel","description":"\u003ch1\u003eE-Book: Why certain luxury and operating assets can be held through separate companies – Paul Kappel\u003c\/h1\u003e\n\u003ch3\u003eThe Strategic Master Plan for Separating, Structuring, Managing, and Securing High-Value Assets and Operational Assets\u003c\/h3\u003e\n\u003ch1\u003eTABLE OF CONTENTS\u003c\/h1\u003e\n\u003ch2\u003ePART I – THE FUNDAMENTAL IDEA OF ASSET SEGREGATION\u003c\/h2\u003e\n\u003ch3\u003eChapter 1 – Why Assets Don't Necessarily Have to Be Held Together\u003c\/h3\u003e\n\u003cp\u003e1.1 Private Assets vs. Business Assets\u003cbr\u003e1.2 Separating Ownership and Use\u003cbr\u003e1.3 Isolating Liability Risks\u003cbr\u003e1.4 Keeping Operational Risks Away from Valuable Assets\u003cbr\u003e1.5 Considering Financing and Ownership Separately\u003cbr\u003e1.6 Structuring Cash Flow and Assets Separately\u003cbr\u003e1.7 Strategic Asset Segregation\u003c\/p\u003e\n\u003ch3\u003eChapter 2 – The Basic Principles of Professional Asset Structuring\u003c\/h3\u003e\n\u003cp\u003e2.1 Risk\u003cbr\u003e2.2 Ownership\u003cbr\u003e2.3 Control\u003cbr\u003e2.4 Use\u003cbr\u003e2.5 Financing\u003cbr\u003e2.6 Cash Flow\u003cbr\u003e2.7 Insurance\u003cbr\u003e2.8 Succession\u003cbr\u003e2.9 Governance\u003c\/p\u003e\n\u003ch3\u003eChapter 3 – The Asset-to-Entity Strategy\u003c\/h3\u003e\n\u003cp\u003e3.1 Which Asset Belongs in Which Entity?\u003cbr\u003e3.2 Single Company vs. Portfolio Company\u003cbr\u003e3.3 Asset Holding Company\u003cbr\u003e3.4 Operating Company\u003cbr\u003e3.5 Investment Company\u003cbr\u003e3.6 Property Company\u003cbr\u003e3.7 Family Holding\u003c\/p\u003e\n\u003ch1\u003ePART II – THE ARCHITECTURE OF ASSET SEGREGATION\u003c\/h1\u003e\n\u003ch3\u003eChapter 4 – The Classic Separation of Operations and Assets\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eOwner\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eHolding\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eOperating Company\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAsset Company\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e4.1 Why Operational Risks Should Not Automatically Affect All Assets\u003cbr\u003e4.2 Liability Separation\u003cbr\u003e4.3 Economic Function\u003cbr\u003e4.4 Financing\u003cbr\u003e4.5 Administration\u003cbr\u003e4.6 Insurance\u003c\/p\u003e\n\u003ch3\u003eChapter 5 – Single Asset Companies\u003c\/h3\u003e\n\u003cp\u003e5.1 When a Separate Company Can Make Sense\u003cbr\u003e5.2 Cost-Benefit Ratio\u003cbr\u003e5.3 Risk Isolation\u003cbr\u003e5.4 Financing\u003cbr\u003e5.5 Sale of a Single Asset\u003cbr\u003e5.6 Succession\u003c\/p\u003e\n\u003ch3\u003eChapter 6 – Portfolio Companies\u003c\/h3\u003e\n\u003cp\u003e6.1 Multiple Assets in One Company\u003cbr\u003e6.2 Advantages\u003cbr\u003e6.3 Disadvantages\u003cbr\u003e6.4 Scalability\u003cbr\u003e6.5 Cross-Collateralization Risks\u003cbr\u003e6.6 Portfolio Governance\u003c\/p\u003e\n\u003ch1\u003ePART III – LUXURY VEHICLES\u003c\/h1\u003e\n\u003ch3\u003eChapter 7 – Luxury Vehicles as Assets\u003c\/h3\u003e\n\u003cp\u003e7.1 Sports Cars\u003cbr\u003e7.2 Classic Cars\u003cbr\u003e7.3 Collector Vehicles\u003cbr\u003e7.4 Luxury SUVs\u003cbr\u003e7.5 Company Cars\u003cbr\u003e7.6 Vehicles as Investments\u003cbr\u003e7.7 Vehicles for Private Use\u003c\/p\u003e\n\u003ch3\u003eChapter 8 – Vehicle Companies\u003c\/h3\u003e\n\u003cp\u003e8.1 Vehicle Company as Owner\u003cbr\u003e8.2 Operating Company vs. Asset Company\u003cbr\u003e8.3 Leasing\u003cbr\u003e8.4 Financing\u003cbr\u003e8.5 Insurance\u003cbr\u003e8.6 Maintenance\u003cbr\u003e8.7 Rental\u003cbr\u003e8.8 Sale\u003c\/p\u003e\n\u003ch3\u003eChapter 9 – The Luxury Vehicle Holding Strategy\u003c\/h3\u003e\n\u003cp\u003e9.1 One Vehicle Per Company\u003cbr\u003e9.2 Multiple Vehicles in One Company\u003cbr\u003e9.3 Fleet Structure\u003cbr\u003e9.4 Liability Risks\u003cbr\u003e9.5 Cost Structure\u003cbr\u003e9.6 Economic Viability\u003c\/p\u003e\n\u003ch1\u003ePART IV – YACHTS \u0026amp; BOATS\u003c\/h1\u003e\n\u003ch3\u003eChapter 10 – Yachts as High-Value Assets\u003c\/h3\u003e\n\u003cp\u003e10.1 Ownership\u003cbr\u003e10.2 Operation\u003cbr\u003e10.3 Charter\u003cbr\u003e10.4 Financing\u003cbr\u003e10.5 Insurance\u003cbr\u003e10.6 Maintenance\u003cbr\u003e10.7 International Use\u003c\/p\u003e\n\u003ch3\u003eChapter 11 – Yacht Ownership Structures\u003c\/h3\u003e\n\u003cp\u003e11.1 Yacht Holding Company\u003cbr\u003e11.2 Operating Company\u003cbr\u003e11.3 Charter Company\u003cbr\u003e11.4 Management Company\u003cbr\u003e11.5 Ownership and Use\u003c\/p\u003e\n\u003ch3\u003eChapter 12 – International Yacht Structures\u003c\/h3\u003e\n\u003cp\u003e12.1 Flag State\u003cbr\u003e12.2 Ownership Jurisdiction\u003cbr\u003e12.3 Operating Jurisdiction\u003cbr\u003e12.4 Crew\u003cbr\u003e12.5 Charter\u003cbr\u003e12.6 VAT and Customs\u003cbr\u003e12.7 Compliance\u003c\/p\u003e\n\u003ch1\u003ePART V – PRIVATE AVIATION\u003c\/h1\u003e\n\u003ch3\u003eChapter 13 – Private Aircraft as Assets\u003c\/h3\u003e\n\u003cp\u003e13.1 Private Aircraft\u003cbr\u003e13.2 Business Jets\u003cbr\u003e13.3 Helicopters\u003cbr\u003e13.4 Ownership\u003cbr\u003e13.5 Operation\u003cbr\u003e13.6 Charter\u003cbr\u003e13.7 Management\u003c\/p\u003e\n\u003ch3\u003eChapter 14 – Aircraft Ownership Structure\u003c\/h3\u003e\n\u003cp\u003e14.1 Aircraft Holding Company\u003cbr\u003e14.2 Aircraft Operating Company\u003cbr\u003e14.3 Leasing Structure\u003cbr\u003e14.4 Financing\u003cbr\u003e14.5 Insurance\u003cbr\u003e14.6 Maintenance\u003cbr\u003e14.7 Crew\u003c\/p\u003e\n\u003ch3\u003eChapter 15 – Fractional Ownership \u0026amp; Co-Ownership\u003c\/h3\u003e\n\u003cp\u003e15.1 Fractional Ownership\u003cbr\u003e15.2 Joint Ventures\u003cbr\u003e15.3 Cost Allocation\u003cbr\u003e15.4 Usage Rights\u003cbr\u003e15.5 Governance\u003c\/p\u003e\n\u003ch1\u003ePART VI – LUXURY REAL ESTATE\u003c\/h1\u003e\n\u003ch3\u003eChapter 16 – Why High-Value Real Estate Can Be Structured Separately\u003c\/h3\u003e\n\u003cp\u003e16.1 Residential Properties\u003cbr\u003e16.2 Holiday Properties\u003cbr\u003e16.3 Villas\u003cbr\u003e16.4 Penthouses\u003cbr\u003e16.5 Multi-Family Houses\u003cbr\u003e16.6 Commercial Properties\u003c\/p\u003e\n\u003ch3\u003eChapter 17 – Property Companies\u003c\/h3\u003e\n\u003cp\u003e17.1 Single Property Company\u003cbr\u003e17.2 Real Estate Holding Company\u003cbr\u003e17.3 Portfolio Structure\u003cbr\u003e17.4 Local Company\u003cbr\u003e17.5 International Holding\u003c\/p\u003e\n\u003ch3\u003eChapter 18 – Real Estate and Liability\u003c\/h3\u003e\n\u003cp\u003e18.1 Rental Risks\u003cbr\u003e18.2 Operating Risks\u003cbr\u003e18.3 Maintenance\u003cbr\u003e18.4 Financing\u003cbr\u003e18.5 Insurance\u003c\/p\u003e\n\u003ch1\u003ePART VII – ART, COLLECTIONS \u0026amp; LUXURY ASSETS\u003c\/h1\u003e\n\u003ch3\u003eChapter 19 – Art as an Asset\u003c\/h3\u003e\n\u003cp\u003e19.1 Artworks\u003cbr\u003e19.2 Collections\u003cbr\u003e19.3 Storage\u003cbr\u003e19.4 Insurance\u003cbr\u003e19.5 Valuation\u003cbr\u003e19.6 Sale\u003c\/p\u003e\n\u003ch3\u003eChapter 20 – Luxury Asset Holding\u003c\/h3\u003e\n\u003cp\u003e20.1 Watches\u003cbr\u003e20.2 Jewelry\u003cbr\u003e20.3 Art\u003cbr\u003e20.4 Wine and Spirits Collections\u003cbr\u003e20.5 Collectibles\u003cbr\u003e20.6 Historic Assets\u003c\/p\u003e\n\u003ch3\u003eChapter 21 – Collection Company\u003c\/h3\u003e\n\u003cp\u003e21.1 Ownership\u003cbr\u003e21.2 Management\u003cbr\u003e21.3 Insurance\u003cbr\u003e21.4 Exhibition\u003cbr\u003e21.5 Inheritance\u003cbr\u003e21.6 Sale\u003c\/p\u003e\n\u003ch1\u003ePART VIII – OPERATING ASSETS\u003c\/h1\u003e\n\u003ch3\u003eChapter 22 – Machinery and Production Facilities\u003c\/h3\u003e\n\u003cp\u003e22.1 Machinery\u003cbr\u003e22.2 Production Facilities\u003cbr\u003e22.3 Special Machinery\u003cbr\u003e22.4 Technical Equipment\u003cbr\u003e22.5 Leasing\u003cbr\u003e22.6 Financing\u003c\/p\u003e\n\u003ch3\u003eChapter 23 – Operational Real Estate\u003c\/h3\u003e\n\u003cp\u003e23.1 Production Buildings\u003cbr\u003e23.2 Warehouses\u003cbr\u003e23.3 Offices\u003cbr\u003e23.4 Land\u003cbr\u003e23.5 Separating Operations and Ownership\u003c\/p\u003e\n\u003ch3\u003eChapter 24 – Equipment Holding\u003c\/h3\u003e\n\u003cp\u003e24.1 Asset Company\u003cbr\u003e24.2 Operating Company\u003cbr\u003e24.3 Rental Model\u003cbr\u003e24.4 Leasing Model\u003cbr\u003e24.5 Intra-Group Use\u003cbr\u003e24.6 External Rental\u003c\/p\u003e\n\u003ch1\u003ePART IX – INTELLECTUAL PROPERTY \u0026amp; INTANGIBLE ASSETS\u003c\/h1\u003e\n\u003ch3\u003eChapter 25 – IP as an Asset\u003c\/h3\u003e\n\u003cp\u003e25.1 Trademarks\u003cbr\u003e25.2 Patents\u003cbr\u003e25.3 Software\u003cbr\u003e25.4 Licenses\u003cbr\u003e25.5 Domains\u003cbr\u003e25.6 Copyrights\u003c\/p\u003e\n\u003ch3\u003eChapter 26 – IP Holding Company\u003c\/h3\u003e\n\u003cp\u003e26.1 Ownership\u003cbr\u003e26.2 Licensing\u003cbr\u003e26.3 Operational Use\u003cbr\u003e26.4 Royalties\u003cbr\u003e26.5 Valuation\u003cbr\u003e26.6 International Aspects\u003c\/p\u003e\n\u003ch3\u003eChapter 27 – Separation of IP and Operations\u003c\/h3\u003e\n\u003cp\u003e27.1 IP Owner\u003cbr\u003e27.2 Operating Company\u003cbr\u003e27.3 Licensing Agreement\u003cbr\u003e27.4 Governance\u003cbr\u003e27.5 Transfer Pricing\u003cbr\u003e27.6 Substance\u003c\/p\u003e\n\u003ch1\u003ePART X – EQUITY INVESTMENTS \u0026amp; CORPORATE ASSETS\u003c\/h1\u003e\n\u003ch3\u003eChapter 28 – Holding Company Participations Separately\u003c\/h3\u003e\n\u003cp\u003e28.1 Minority Participations\u003cbr\u003e28.2 Majority Participations\u003cbr\u003e28.3 Strategic Participations\u003cbr\u003e28.4 Private Equity\u003cbr\u003e28.5 Venture Capital\u003c\/p\u003e\n\u003ch3\u003eChapter 29 – Investment Holding Company\u003c\/h3\u003e\n\u003cp\u003e29.1 Holding Company\u003cbr\u003e29.2 Subsidiaries\u003cbr\u003e29.3 Distributions\u003cbr\u003e29.4 Reinvestments\u003cbr\u003e29.5 Exit\u003c\/p\u003e\n\u003ch3\u003eChapter 30 – Investment Assets and Operational Risks\u003c\/h3\u003e\n\u003cp\u003e30.1 Separation\u003cbr\u003e30.2 Ring-Fencing\u003cbr\u003e30.3 Governance\u003cbr\u003e30.4 Financing\u003cbr\u003e30.5 Sale\u003c\/p\u003e\n\u003ch1\u003ePART XI – FINANCING OF ASSETS\u003c\/h1\u003e\n\u003ch3\u003eChapter 31 – Asset Finance\u003c\/h3\u003e\n\u003cp\u003e31.1 Equity\u003cbr\u003e31.2 Debt\u003cbr\u003e31.3 Leasing\u003cbr\u003e31.4 Asset-backed Financing\u003cbr\u003e31.5 Vendor Financing\u003cbr\u003e31.6 Joint Ventures\u003c\/p\u003e\n\u003ch3\u003eChapter 32 – The Asset-Backed Model\u003c\/h3\u003e\n\u003cp\u003e32.1 Asset\u003cbr\u003e32.2 Loan-to-Value\u003cbr\u003e32.3 Loan\u003cbr\u003e32.4 Cash Flow\u003cbr\u003e32.5 Refinancing\u003cbr\u003e32.6 Risk\u003c\/p\u003e\n\u003ch3\u003eChapter 33 – Why Ownership and Financing Should Be Considered Separately\u003c\/h3\u003e\n\u003cp\u003e33.1 Capital Commitment\u003cbr\u003e33.2 Liquidity\u003cbr\u003e33.3 Financing Costs\u003cbr\u003e33.4 Risk\u003cbr\u003e33.5 Covenants\u003cbr\u003e33.6 Refinancing\u003c\/p\u003e\n\u003ch1\u003ePART XII – INSURANCE \u0026amp; RISK MANAGEMENT\u003c\/h1\u003e\n\u003ch3\u003eChapter 34 – Asset Protection Begins with Risk Management\u003c\/h3\u003e\n\u003cp\u003e34.1 Liability\u003cbr\u003e34.2 Insurance\u003cbr\u003e34.3 Corporate Structure\u003cbr\u003e34.4 Contract Management\u003cbr\u003e34.5 Liquidity Reserve\u003c\/p\u003e\n\u003ch3\u003eChapter 35 – Insurance Architecture\u003c\/h3\u003e\n\u003cp\u003e35.1 Property Insurance\u003cbr\u003e35.2 Liability Insurance\u003cbr\u003e35.3 Hull Insurance\u003cbr\u003e35.4 Yacht Insurance\u003cbr\u003e35.5 Aviation Insurance\u003cbr\u003e35.6 Art Insurance\u003cbr\u003e35.7 D\u0026amp;O\u003cbr\u003e35.8 Cyber Risks\u003c\/p\u003e\n\u003ch3\u003eChapter 36 – Asset Risk Matrix\u003c\/h3\u003e\n\u003cp\u003e36.1 Value\u003cbr\u003e36.2 Liability\u003cbr\u003e36.3 Liquidity\u003cbr\u003e36.4 Damage Potential\u003cbr\u003e36.5 Insurance\u003cbr\u003e36.6 Ownership Structure\u003c\/p\u003e\n\u003ch1\u003ePART XIII – TAXES \u0026amp; COMPLIANCE\u003c\/h1\u003e\n\u003ch3\u003eChapter 37 – Tax Fundamentals of Asset Structuring\u003c\/h3\u003e\n\u003cp\u003e37.1 Private Assets\u003cbr\u003e37.2 Business Assets\u003cbr\u003e37.3 Company Assets\u003cbr\u003e37.4 Capital Gains\u003cbr\u003e37.5 Current Income\u003c\/p\u003e\n\u003ch3\u003eChapter 38 – Corporate Asset Structures\u003c\/h3\u003e\n\u003cp\u003e38.1 Corporate Income Tax\u003cbr\u003e38.2 Value Added Tax\u003cbr\u003e38.3 Withholding Taxes\u003cbr\u003e38.4 Local Taxes\u003cbr\u003e38.5 Use by Shareholders\u003c\/p\u003e\n\u003ch3\u003eChapter 39 – International Structures\u003c\/h3\u003e\n\u003cp\u003e39.1 Tax Residence\u003cbr\u003e39.2 CFC Rules\u003cbr\u003e39.3 Transfer Pricing\u003cbr\u003e39.4 Economic Substance\u003cbr\u003e39.5 Beneficial Ownership\u003cbr\u003e39.6 CRS\/FATCA\u003cbr\u003e39.7 Anti-Abuse Rules\u003c\/p\u003e\n\u003ch3\u003eChapter 40 – Private Use of Company Assets\u003c\/h3\u003e\n\u003cp\u003e40.1 Basic Principle\u003cbr\u003e40.2 Arm's Length Principle\u003cbr\u003e40.3 Usage Agreements\u003cbr\u003e40.4 Documentation\u003cbr\u003e40.5 Deemed Benefit\u003cbr\u003e40.6 Compliance\u003c\/p\u003e\n\u003ch1\u003ePART XIV – INTERNATIONAL ASSET STRUCTURES\u003c\/h1\u003e\n\u003ch3\u003eChapter 41 – Onshore vs. Offshore Asset Holding\u003c\/h3\u003e\n\u003cp\u003e41.1 Differences\u003cbr\u003e41.2 Opportunities\u003cbr\u003e41.3 Risks\u003cbr\u003e41.4 Reputation\u003cbr\u003e41.5 Bankability\u003cbr\u003e41.6 Compliance\u003c\/p\u003e\n\u003ch3\u003eChapter 42 – The International Asset Holding\u003c\/h3\u003e\n\u003cp\u003e42.1 Holding\u003cbr\u003e42.2 Local Asset Company\u003cbr\u003e42.3 Investment Company\u003cbr\u003e42.4 Trust\u003cbr\u003e42.5 Foundation\u003c\/p\u003e\n\u003ch3\u003eChapter 43 – Jurisdiction Selection\u003c\/h3\u003e\n\u003cp\u003e43.1 Legal Certainty\u003cbr\u003e43.2 Tax Law\u003cbr\u003e43.3 Corporate Law\u003cbr\u003e43.4 Financing\u003cbr\u003e43.5 Insurance\u003cbr\u003e43.6 Substance\u003cbr\u003e43.7 Costs\u003c\/p\u003e\n\u003ch1\u003ePART XV – FAMILY WEALTH \u0026amp; SUCCESSION\u003c\/h1\u003e\n\u003ch3\u003eChapter 44 – Luxury Assets as Family Wealth\u003c\/h3\u003e\n\u003cp\u003e44.1 Vehicles\u003cbr\u003e44.2 Yachts\u003cbr\u003e44.3 Aircraft\u003cbr\u003e44.4 Real Estate\u003cbr\u003e44.5 Art\u003cbr\u003e44.6 Corporate Participations\u003c\/p\u003e\n\u003ch3\u003eChapter 45 – Asset Holding \u0026amp; Succession\u003c\/h3\u003e\n\u003cp\u003e45.1 Transfer of Ownership\u003cbr\u003e45.2 Shares\u003cbr\u003e45.3 Trust\u003cbr\u003e45.4 Foundation\u003cbr\u003e45.5 Inheritance\u003cbr\u003e45.6 Family Governance\u003c\/p\u003e\n\u003ch3\u003eChapter 46 – Family Asset Management\u003c\/h3\u003e\n\u003cp\u003e46.1 Asset Register\u003cbr\u003e46.2 Use\u003cbr\u003e46.3 Costs\u003cbr\u003e46.4 Insurance\u003cbr\u003e46.5 Maintenance\u003cbr\u003e46.6 Succession\u003c\/p\u003e\n\u003ch1\u003ePART XVI – THE PRIVATE ASSET ARCHITECTURE\u003c\/h1\u003e\n\u003ch3\u003eChapter 47 – The €1M Asset Structure\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePrivate Individual → Holding → Selected Assets\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3\u003eChapter 48 – The €5M Asset Structure\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eHolding → Investment Company → Property \/ Luxury Assets\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3\u003eChapter 49 – The €10M Asset Structure\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eFamily Holding → Asset Companies → Investment Portfolio\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3\u003eChapter 50 – The €50M Asset Structure\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eFamily Office → Holding → Multiple Asset Companies → Global Portfolio\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3\u003eChapter 51 – The €100M+ Asset Structure\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eFamily Office → Family Holding → International Investment and Asset Structures\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch1\u003ePART XVII – CASE STUDIES\u003c\/h1\u003e\n\u003ch3\u003eChapter 52 – Entrepreneur with €5M in Assets\u003c\/h3\u003e\n\u003cp\u003eAnalysis of the possible separation of:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003eCompany\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eReal Estate\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eSecurities\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eLuxury Vehicles\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eChapter 53 – Real Estate Entrepreneur with a €20M Portfolio\u003c\/h3\u003e\n\u003cp\u003eAsset Company vs. Joint Holding Structure.\u003c\/p\u003e\n\u003ch3\u003eChapter 54 – Entrepreneurial Family with €50M\u003c\/h3\u003e\n\u003cp\u003eFamily Holding + Investment Assets + Real Estate + Succession.\u003c\/p\u003e\n\u003ch3\u003eChapter 55 – UHNWI with Global Assets\u003c\/h3\u003e\n\u003cp\u003eInternational Asset Allocation and Family Office Architecture.\u003c\/p\u003e\n\u003ch3\u003eChapter 56 – Yacht + Aircraft + Real Estate + Corporate Participations\u003c\/h3\u003e\n\u003cp\u003eAnalysis of a Complex Multi-Asset Structure.\u003c\/p\u003e\n\u003ch1\u003ePART XVIII – IMPLEMENTATION PLAN\u003c\/h1\u003e\n\u003ch3\u003eChapter 57 – Asset Inventory\u003c\/h3\u003e\n\u003cp\u003eRecording of all assets.\u003c\/p\u003e\n\u003ch3\u003eChapter 58 – Risk Mapping\u003c\/h3\u003e\n\u003cp\u003eAssignment of respective risks.\u003c\/p\u003e\n\u003ch3\u003eChapter 59 – Entity Mapping\u003c\/h3\u003e\n\u003cp\u003eAssignment of assets to suitable legal entities.\u003c\/p\u003e\n\u003ch3\u003eChapter 60 – Financing Mapping\u003c\/h3\u003e\n\u003cp\u003eAssignment of:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003eEquity\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eDebt\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eLeasing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eCredit Lines\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eChapter 61 – Insurance Mapping\u003c\/h3\u003e\n\u003cp\u003eInsurance of all significant risks.\u003c\/p\u003e\n\u003ch3\u003eChapter 62 – Compliance Mapping\u003c\/h3\u003e\n\u003cp\u003eTaxes, Contracts, Corporate Law, and Reporting.\u003c\/p\u003e\n\u003ch3\u003eChapter 63 – Annual Asset Review\u003c\/h3\u003e\n\u003cp\u003eAnnual review of the entire structure.\u003c\/p\u003e\n\u003ch1\u003ePREMIUM BONUS MATERIAL\u003c\/h1\u003e\n\u003ch2\u003eBONUS 1 – ASSET-TO-ENTITY MATRIX\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eWhich Asset Should Be Assigned to Which Company?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAssessment based on:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003eValue\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eRisk\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eUse\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eCash Flow\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eFinancing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eInsurance\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eSuccession\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eBONUS 2 – LUXURY ASSET STRUCTURE CHECKLIST\u003c\/h2\u003e\n\u003cp\u003eChecklist for:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eVehicles · Yachts · Aircraft · Real Estate · Art · Jewelry · Collections\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch2\u003eBONUS 3 – CORPORATE ASSET INVENTORY\u003c\/h2\u003e\n\u003cp\u003eComplete asset overview for entrepreneurs and families.\u003c\/p\u003e\n\u003ch2\u003eBONUS 4 – ASSET RISK SCORECARD\u003c\/h2\u003e\n\u003cp\u003eAssessment of each asset based on:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLiability · Value · Liquidity · Financing · Insurance · Regulatory Risk\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch2\u003eBONUS 5 – ENTITY STRUCTURE MAP\u003c\/h2\u003e\n\u003cp\u003eVisualization of the entire corporate and asset structure.\u003c\/p\u003e\n\u003ch2\u003eBONUS 6 – PRIVATE USE COMPLIANCE CHECKLIST\u003c\/h2\u003e\n\u003cp\u003eDocumentation of private use of company assets.\u003c\/p\u003e\n\u003ch2\u003eBONUS 7 – ASSET FINANCING CHECKLIST\u003c\/h2\u003e\n\u003cp\u003eReview of:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003eFinancing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003ePledge\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eLeasing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eInterest\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eTerm\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eCovenants\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eRefinancing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eBONUS 8 – INTERNATIONAL ASSET STRUCTURE CHECKLIST\u003c\/h2\u003e\n\u003cp\u003eReview of:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003eJurisdiction\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eTax Residence\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eCFC\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eSubstance\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eCRS\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eFATCA\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eBeneficial Ownership\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003eTransfer Pricing\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eBONUS 9 – FAMILY ASSET REGISTER\u003c\/h2\u003e\n\u003cp\u003eCentral overview of all family assets.\u003c\/p\u003e\n\u003ch2\u003eBONUS 10 – THE PRIVATE ASSET ARCHITECTURE BLUEPRINT\u003c\/h2\u003e\n\u003cp\u003eThe complete framework:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePERSON\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFAMILY HOLDING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eOPERATING COMPANIES\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eASSET COMPANIES\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eINVESTMENT VEHICLES\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLUXURY ASSETS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eREAL ESTATE\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eBUSINESS ASSETS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFINANCING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eINSURANCE\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGOVERNANCE\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e↓\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSUCCESSION\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch1\u003eFINAL CHAPTER\u003c\/h1\u003e\n\u003ch1\u003e\u003cstrong\u003eTHE ASSET SEGREGATION STRATEGY\u003c\/strong\u003e\u003c\/h1\u003e\n\u003cp\u003eHigh-value assets should not be considered solely based on \u003cstrong\u003ehow much they are worth\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cp\u003eCrucially, also consider:\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat risk does the asset carry?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho owns it?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho uses it?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho finances it?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho is liable for it?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eHow is it insured?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eHow is it managed?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAnd how will it be transferred later?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis is precisely how a professional \u003cstrong\u003eAsset Architecture\u003c\/strong\u003e is created.\u003c\/p\u003e\n\u003ch3\u003eThe Basic Principle:\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eOPERATIONAL RISKS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e→ separated from →\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eVALUABLE ASSETS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e→ separated from →\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eINVESTMENT ASSETS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e→ separated from →\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFAMILY ASSETS\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e→ connected by →\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGOVERNANCE \u0026amp; HOLDING STRUCTURE\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch1\u003eTHE 10 GOLDEN RULES OF ASSET SEGREGATION\u003c\/h1\u003e\n\u003cp\u003e\u003cstrong\u003e1. Do not unnecessarily mix risk and assets.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e2. Deliberately structure ownership and use.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e3. Individually assess high-value assets for their risks.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e4. Do not automatically make operating companies the owner of all assets.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e5. Analyze financing and ownership separately.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e6. Consider insurance and corporate structure together.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e7. Properly document private use of company assets.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e8. Never establish international structures without tax and legal review.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e9. Ensure economic substance and actual business purpose.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e10. Design every structure for succession and long-term governance at its inception.\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch2\u003eLEGAL NOTICE\u003c\/h2\u003e\n\u003cp\u003eThis e-book is for informational and educational purposes only and does not constitute individual legal, tax, investment, financial, or business advice. Whether a specific asset should be held through a separate company depends on the specific asset, its use, financing, liability situation, tax residency, jurisdiction, and applicable legal regulations. A corporate structure does not automatically lead to tax or liability optimization. International structures, in particular, must be individually examined with regard to tax residency, CFC regulations, economic substance, transfer pricing, beneficial ownership, CRS\/FATCA, and anti-abuse regulations.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003ePAUL KAPPEL\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePRIVATE WEALTH STRATEGY \u0026amp; GLOBAL ASSET STRUCTURING\u003c\/strong\u003e\u003c\/p\u003e","brand":"PAUL KAPPEL PRIVATE WEALTH STRATEGY \u0026 GLOBAL ASSET STRUCTURING LTD.®","offers":[{"title":"Default Title","offer_id":48786151669952,"sku":null,"price":197.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0751\/0874\/5408\/files\/E-BookWarumbestimmteLuxus-undBetriebsVermoegenswerteueberseparateGesellschaftengehaltenwerdenkoennen-PaulKappel.png?v=1786691680","url":"https:\/\/kappel-partner.de\/en\/products\/16-e-book-warum-bestimmte-luxus-und-betriebs-vermogenswerte-uber-separate-gesellschaften-gehalten-werden-konnen-paul-kappel","provider":"PAUL KAPPEL CONSULTING©","version":"1.0","type":"link"}