When the next generation grows up with great wealth, opportunities arise alongside risks. Those who experience few boundaries can more easily lose drive, perseverance, and a sense of reality. This can lead to internal pressure, insecurity, and conflicts – in the family as well as in the business. This article highlights the most important areas of tension and explains how thoughtful asset structuring creates stability and promotes a sense of responsibility.

The newly imposed US tariffs on European imports pose significant challenges for Swiss businesses: Swiss goods are subject to a 39 percent rate, whereas Liechtenstein faces only 15 percent. This analysis explores the political context behind the disparity, assesses the economic impact on the Swiss–Liechtenstein customs union, and outlines strategic options for affected companies.