Nicola Bulgari's begins to prepare the succession through Trusts

Nicola Bulgari, born in 1941 and the nephew of Sotirio Bulgari, the founder of the renowned luxury jewelry brand that has been part of LVMH since 2011, has decided to plan his succession by transferring 100% of the shares of Annabel Holding, the Roman entrepreneur's financial stronghold, into four recently established trusts named Alfa 64, Beta 67, Gamma 68 (each receiving 16.66% of Annabel Holding), and Tara (receiving 50%), all regulated by Jersey law.

This decision once again underscores the flexibility of trusts as a succession planning tool, capable of safeguarding wealth and addressing multifunctional needs involving both family and business interests. The strategic use of trusts not only promises a more secure resource management but also provides significant tax advantages.

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