How to Save Money Steadily with Prevailing Economic Uncertainty Worldwide?

Questions on how to minimize personal and corporate tax across multiple jurisdictions and how to protect personal assets and corporate wealth to enable clients to pass on family and corporate assets smoothly and safely to succeeding generations. This is becoming an important and growing part of our clients' needs for legal services.

Do I need a will/wills? What is a trust? How does it work? Is it legally effective? How to organize and coordinate the professional advice needed to deal with these issues?

Corporations also need wills. Sometimes, preserving or passing on a business to the next generation is similar to the personal situations such as the breakup of a family, marriage separation and divorce, or the passing of assets through wills or other trust structures. What structures are appropriate for reorganising a business and passing it onto the next generation or other third parties?

Our firm has the expertise to deal with these issues across multiple jurisdictions and with the help of the members of the InterAsia Alliance such as KGP Legal LLC (Singapore and South-east Asia), Professional Wills Ltd (Hong Kong and Singapore), InterAsia Business Services Ltd (Hong Kong, Singapore and Guangzhou).

Areas of Practice:

Probate and Letters of Administration

• Dealing with beneficiaries under wills and intestacy-assisting with collecting assets and dealing with disputes among beneficiaries;

Wills and Estate Planning and Administration

• acting as Trustees, Escrow Agents, Executors and Administrators;

Family Office

• arrangements for businesses, private individuals and families

Trusts

• For businesses businesses and their role in corporate restructuring, M&A and insolvency;

• Setting up escrow arrangements for short term security in purchase and sale arrangements or for longer term project management purposes when business accounts are frozen or unable to be used because of litigation or other disputes

• Trusts as part of the structuring of cross-border investments;

General tax advice

• Issues arising out of the above situations and access to specialist tax advice as necessary

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