Revisiting Trusts and Succession Planning in 2021 and beyond

Trust structures remain popular with wealthy Asian families as there is an ever-growing continuing need for maintaining confidentiality and protecting wealth for future generations, with an emphasis on tax-efficient planning. 

However, as many private client advisers will be familiar, one of the major obstacles faced by such families is finding balance between the desire for asset protection and successful succession arrangements on the one hand, and the reluctance to lose control over the business they have created on the other hand. Throw in intergenerational differences and it becomes clear that standard, off the shelf products will not suffice. Fortunately, offshore trust structures are apt to remedy this conflict. 

This presentation takes a closer look at offshore trust structures that specifically cater for complex succession planning issues. The presentation will cover: 

• Creating the perfect Virgin Islands Special Trusts Act (VISTA)
• Lighting the way with a Cayman Island Special Trust (Alternative Regime) (STAR)
• Reserved Powers Trusts
• Private Trust Companies (PTC)=

SPEAKER:

Nicola Roberts
Partner, Head of Litigation, Insolvency and Restructuring

Nicola Roberts is a partner and Head of our Litigation, Insolvency and Restructuring group in Singapore. She also leads our Trusts and Private Client Advisory Group in Asia. With over 20 years’ experience as a contentious practitioner and having spent more than a decade working offshore, she is routinely engaged in a wide range of complex cross border litigation. 

Her expertise encompasses shareholder disputes, fraud and asset-tracing, international contentious trusts and estates, fund disputes, cryptocurrency disputes and investigations as well as insolvency, restructuring and contentious regulatory advisory work.

EVENT DETAILS:

Date: Wednesday, 21 July 2021

Time: 4:00 pm to 5:00 pm

Location: Webinar links will be sent upon registration

CPD Points: CPD points have been applied for.  Please note you need to be logged in for the full duration of the webinar to qualify for CPD points. Unfortunately, points cannot be applied for members who join the webinar via telephone link.