Wealthy Slovaks hide assets in trusts
Several wealthy Slovaks transferred their assets to trust funds established in Czechia (Jaroslav Haščák, Milan Fiľo, Ján Sabol and Jozef Brhel) or in Liechtenstein (Peter Lukeš). The move is meant to facilitate the transfer of assets to the next generations and protect them in the event that part of the property could be lost due to lawsuits. Lawyers say the interest of Slovak clients in this area is growing rapidly.
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