Assets that are placed in the underlying separate accounts are legally held by the licensed insurance company as per standard insurance laws in Switzerland as well as abroad. Because of this separation, the underlying family interests have no direct exposure to any personal risk at the same time allowing the policyholders to secure family wealth from generation to generation. Also, with the help of these structures, the policyholders can keep pace with the requirements of the present-day automatic exchange of information. Furthermore, all these policies function well along with the best Swiss custodian banks and asset management companies so that families from abroad can benefit from the excellent operational flexibility of the custody structures without sacrificing their opportunities.

However, laying the foundation of functioning PPLI life insurance wrappers is rather complicated owing to the need to comply with the rules of regulating diversity, all important details related to control of investing funds and taxation principles. Therefore, if the clients reside in Switzerland, have a different home country or being expatriates it is extremely important whether the ongoing structure complies with the rules of taxation and estate regulations.