by Peter Ni | Jul 28, 2014
Property acquired during marriage will be presumed as community property if not otherwise structured. Property planning helps to obtain clean title to the assets that a PRC settlor wishes to contribute to an offshore trust, and thus prevents potential risks and...
by Peter Ni | Jul 28, 2014
For Chinese individuals making outbound investment, overcoming the obstacles from the aspects of regulatory and foreign exchange control becomes a priority. As China is now the second largest economy in the world and produces millionaires and billionaires faster than...
by Peter Ni | Jul 28, 2014
Chinese HNWIs should act now as China may introduce estate tax, exit tax on emigration and adopt new rules to tax the contribution of appreciated assets into an offshore trust. Chinese high net worth individuals (“HNWIs”) are very interested in using offshore trust...
by Peter Ni | Jul 28, 2014
Issues arising from setting up an offshore trust for a Chinese HNWI include the recognition of the trust itself and other legal and tax constraints. As more Chinese HNWIs have realized the unique benefits of offshore trust, especially in the areas of asset protection...
by Webmaster | Apr 9, 2020
A WORLDWIDE INITIATIVE OF INDEPENDENT EXPERTS Control and finance of family assets | Core family values | Estate planning | Emigration and immigration | Family charter | Family disputes | Family governance | Foundations | Information and influence of family members |...
