In the presence of Her Royal Highness the Princess of Hanover, Gordon S. Blair executes a major donation for the research against cancer
On September 30, 2015, Gilbert Delacour, CEO at Gordon S. Blair and Executor of the late Mr. Richard Stanley Pollock, handed a cheque of Euro 4,500,000 over to the GEMLUC. GEMLUC is a 40 year old Monegasque association against Cancer, chaired by Her Royal Highness the Princess of Hanover. This important donation results from the will of the late Mr. Pollock, who was determined that the fortune he left should be committed to finding a cure to the cancer. Indeed, he was distressed that so many family and friends had died prematurely due to this scourge. His generous donation will provide a substantial support to the research programs of GEMLUC.
“Monaco, a place to claim”
In an interview focusing on asset protection and trusts, Xavier de Sarrau, Managing Partner at Gordon S. Blair, insists on the role that Monaco could play among the leading jurisdictions in Europe.
Tax regime applicable to income derived from net worth in France
The French tax regime applicable to non-residents has recently seen major developments in case-law and legislative changes. These developments show a movement towards easing the tax burden, whether (for example) in the taxing of capital gains on immovable property or applying social security contributions to net worth-derived income.