Liechtenstein: a hub for wealth preservation

Over many generations, various institutions have created 'the picture of the filthy rich' and condemned wealth as something unethical. Important facts get overlooked thereby; namely, that private capital is put to work much more fruitfully and prudently than public capital. And that it is...

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Bibliographic Details
Published inTrusts & trustees Vol. 22; no. 6; pp. 681 - 684
Main Author von und zu Liechtenstein, H.S.H. Prince Michael
Format Journal Article
LanguageEnglish
Published Oxford Oxford Publishing Limited (England) 01.07.2016
Subjects
Capitalism
Jurisdiction
Society
Trustees
Trusts
Wealth
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Summary:Over many generations, various institutions have created 'the picture of the filthy rich' and condemned wealth as something unethical. Important facts get overlooked thereby; namely, that private capital is put to work much more fruitfully and prudently than public capital. And that it is the driving force for the further development of any society. It is time to heighten the awareness that private wealth is a genuine value; that the activity of trustees represents a wealth-preserving necessity; and, that the Liechtenstein foundation in this respect is a time-tested legal instrument in the most professional manner.
ISSN:1363-1780
1752-2110
DOI:10.1093/tandt/ttw050