Some of the risks that can be faced if you don't have an Estate Plan:

• RESIDENCE: Today, it is highly probable that the location of the financial and non-financial assets, as well as the residence of the family members be global. This has legal, operative and fiscal implications.
  
  
• CONFIDENTIALITY: Due to terrorism and its sources of funds, governments have toughened the regulations for the international financial system with the purpose of having more transparency and there is therefore a loss of confidentiality.
  
  
• PROTECTION: If any third party has non-authorized access to the information, the family can be the subject of fraud, aggressive negotiations, seizure or kidnapping without the protection of a well designed estate plan.
  
  
• TAXES: A bad decision in the way of keeping ownership of assets may cause double taxation, tax returns in foreign jurisdictions or an excessive payment for the application of withhold taxes.
  
  
• FAMILY CONFLICTS: Estate Planning is a tool that helps to fulfill the wishes of the head of the family before and after his/her death, with no contest and transparently, thus helping to avoid family conflicts.