Home ยป STEP Hungary Conference
On March 21, the ๐๐๐๐ ๐๐ฎ๐ง๐ ๐๐ซ๐ฒ ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ ๐จ๐ง ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ ๐จ๐ ๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฅ๐๐ง๐ง๐ข๐ง๐ ๐ข๐ง ๐๐ง๐๐๐ซ๐ญ๐๐ข๐ง ๐๐ข๐ฆ๐๐ฌ brought together top experts from Hungary and across Europe to share their insights. The event featured insightful discussions, including two panels moderated by our managing partners.
๐๐ซ๐ญ ๐๐ข๐๐๐๐ฌ ๐๐ง๐ ๐๐ซ๐ญ ๐๐จ๐ฅ๐ฅ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฎ๐ฌ๐ญ
Dr Gabor B Szabo, TEP led a discussion on the growing importance of managing art collections within private wealth structures. The panel explored the psychological aspects of art collecting, the unique challenges of valuation, origin, and liquidity, and the responsibilities of trustees in managing these valuable assets. The conversation also provided an international perspective on best practices for handling art collections within trusts.
๐ ๐๐ฆ๐ข๐ฅ๐ฒ ๐๐จ๐ฏ๐๐ซ๐ง๐๐ง๐๐ & ๐๐ซ๐๐ง๐ฌ๐ ๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐ซ๐๐ง๐ฌ๐๐๐ซ
Dr. รkos Menyhei LL.M., TEP moderated a panel focused on how families can establish strong governance structures to preserve wealth across generations. The discussion covered key topics such as defining transgenerational wealth transfer, the main challenges wealthy families face, and the differences in governance structures across jurisdictions. The panel also examined the essential elements of a family constitution and its legal enforceability. The speakers emphasized the importance of education and early involvement of all family members in the wealth transfer process