This session examines some of the inherent complexities of using and managing foreign trusts, foundations and underlying companies in family business succession planning with a focus on the delicate balance between direct and indirect (or no) trustee involvement in the business, local inheritance rules versus foreign forced heirship, the over-assertive settlor or protector with too many powers and other issues that can make the running of a wealth-holding structure troublesome and at risk of challenge from, among others, tax authorities.