This article appeared in the GGIGlobal Alliance FYI Trust & Estate Planning News, No. 15, June 2025. By Diane K. Roskies Global mobility presents unique challenges in estate planning, where even minor oversights can have far-reaching consequences – sparking disputes, incurring penalties, and leading to financial losses across jurisdictions. From misaligned wills and inadequate liquidity planning to overlooked compliance requirements, these pitfalls are often avoidable with careful planning. Blunder No. 1: Two wills that revoke each other  For US citizens and permanent residents with...

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Military defence of the European continent has become one of the key political fields of the Von der Leyen Commission. In March 2025, the European Commission ("Commission") underscored in its “White paper for European defence – Readiness 2030” the enormous security risks it sees Europe as being faced by. It pointed out that alongside increased and better coordinated armament activities by the EU Member States, above all a stronger and more resilient European defence industry is central for strengthening defence....

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European Commission launches Space Law to boost competitiveness and space safety On Wednesday, (25 June), the European Commission unveiled a historic legislative proposal, the EU Space Act, aimed at creating a single, harmonised market for space activities across the Union. The ambitious plan seeks to bolster the competitiveness of Europe’s burgeoning space sector, enhance the safety of operations in an increasingly crowded orbital environment, and ensure the long-term sustainability of space exploration. The proposal comes at a critical juncture, as the global space...

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U.S. trade policy remains in a state of flux as President Trump continues on the tariff trail, keeping businesses and global partners guessing. On Friday, Trump broke off trade talks with Canada over its digital tax. He indicated new tariffs on Canadian goods will be announced in the next seven days. And earlier in the week, a White House Spokesperson said the President will be flexible when it comes to the July 9 deadline for the pause to end many...

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