Lawyer Monthly Magazine - July 2019 Edition

the financial component conquered and built, but also the historical essence of a person, including life philosophies, philanthropic projects and assets often intangible but highly relevant not only to the family, but to the general public as businesses such as Coca-Cola, Microsoft, Amazon, etc. Should business people consider offshore? What are the benefits and disadvantages of offshore for wealth planning? Yes, entrepreneurs should consider platforms, structures, solutions and offshore strategies, as often as part of the diversification of assets of their Total Balance, in order to achieve the best results. The support of the international environment is necessary since a single country with its specific legislation, cannot provide all alternatives from the point of view of efficiency in all cases. Thus, since there is no ready recipe that can be used for all cases and customers, we cannot restrict the scope for solutions and alternatives that exist on an international level in order to develop the most efficient planning in several areas of the law such as tax, inheritance, corporate, contractual, banking and others. Considering all the challenges that professionals dedicated to the development of the wealth planning practice face, in summary, in your specific case, are you able to highlight what makes your offers successful and different from the others, in providing the best benefits to your clients? In a constantly changing world, you need to be aware of business opportunities wherever they may be. Especially when we work in sensitive areas such as the legal advice and asset management sector. It was in this context that the offices I represent - Ripol Alliance Global Wealth Strategies and Ronaldo Martins & Advogados - jointly developed a differentiated and holistic approach to such multijurisdictional planning and work. Thus, between our law firm in Brazil and the Multi-Family Office based in Miami, we have been able to distinguish ourselves from competitors in several aspects. Starting with the practice model... More than seeking options to preserve clients' wealth, we elaborate short-, medium- and long-term strategies based on the potential of the gains over time, whether financial or tax, as well as the permanence of capital and family succession. This is possible thanks to a differentiated approach, based on a multidisciplinary vision that covers a range of highly specialized services, such as portfolio investments, mergers and acquisitions, tax planning, change of tax domicile, rental/purchase of real estate abroad, purchase of other assets, in addition to any accounting and tax support. Finally, all legal, financial, accounting, tax and succession services, with the best options to meet the needs of the client, in all phases of their life and their executive and business career. While the activities of Ripol Alliance Global Wealth Strategies are focused beyond Brazil’s borders, Ronaldo Martins & Advogados works with complementary but not less strategic services in the Brazilianmarket. As such, clients can count, at one and the same time, specialists in legal and wealth strategies with access to the main markets on the five continents. LM equalization of the various laws applicable not only to their country of origin, but also to other countries that influence their family’s and wealth reality; with particular attention to this aspect, the consequences may be inversely proportional to what was sought with the planning. What should clients be protecting with these plans? In general terms, what is primarily sought to be protected is the wealth gained over the life of one or several members of a family. However, there are intrinsic aspects to this quest that clients do not know how to reproduce in words, but it is nothing more than family well-being during the various stages of life, and the guarantee that the next generations will be well supported by the legal and financial point of view. Finally, in cultures more developed and accustomed to the practice of wealth protection, what is usually sought to protect is what I call the ‘Legacy’. This represents not only CONTACT Rodrigo Alonso Martins, TEP® CEO and Head of Wealth Planning Strategies RIPOL ALLIANCE GLOBAL WEALTH STRATEGIES 1395 Brickell Avenue, 9th Floor, Suite 900, Miami - FL - 33131 - USA Direct: +1 305 357 2063/ +55 11 3066 5932 Main: +1 305 200 8800 /+55 11 3066 4800 | Mobiles: +1 786 641 8880/ +55 11 99965 3908 4848 Email: rodrigo.martins@ripolalliance.com | www.ripolalliance.com 72 Professional Excellence www. lawyer-monthly .com JUL 2019