WEALTH STORIES - September 2026

In this September 2026 edition of Wealth Stories, we provide an overview of the latest cases and developments in wealth planning and generational transition.

Topics covered include:

• Giorgio Armani’s succession planning, centred on the Foundation as the cornerstone of governance and on a selective opening of the share capital set out in his will.
• The Zegna case, as an example of a family architecture built on holding companies, enhanced voting rights and a stock exchange listing to safeguard continuity of control in the transition to the fourth generation.
• The opportunities offered by the regime for foreign pensioners under Article 24-ter of the Italian Income Tax Code (TUIR). The regime is now even more attractive after the population threshold for eligible municipalities was raised to 30,000 inhabitants.
• An analysis of asset protection and governance tools in the event of supervening incapacity, with particular reference to the combination of “durante noi” trusts, amministrazione di sostegno (court-appointed support administration) and long-term care insurance policies.

Our professionals are available to provide further information and tailored advice and assistance.