Estate planning is the process of mapping out how you will divide your estate and assets to continue your legacy in alignment with your dreams and values. Our professional team can help establish a suitable fiduciary vehicle for you to achieve favourable positions, including:
The fiduciary vehicles we can assist in establishing are Trusts and Foundations in various jurisdictions such as Hong Kong, Singapore, Liechtenstein, New Zealand and the British Virgin Islands. The suitability of a Trust or Foundation and the jurisdiction of governing law will depend entirely on your particular situations, geographical location and even merely the choice of persona.
In general, we create a Trust or Foundation when the Settlor or Founder (the person making the trust/foundation) and Trustee, execute a legal deed that lays down the method in which the assets are to be held in Trust for beneficiaries (people who will receive funds from the Trust/Foundation).
The assets from the Settlor/Founder going into the Trust will need to be physically transferred to the Trustee. The Trustee then becomes the legal owner of these assets and has a “professional duty of care” to look after these assets for the beneficiaries of the established Trust/Foundation.