Don't Lose Control - Use a Private Trust Company
Mondaq Business Briefing › Hong Kong Law Articles in English (2010)
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Mondaq Business Briefing › Hong Kong Law Articles in English (2010)
Linked as:Extract
Don't Lose Control - Use a Private Trust Company
In a previous article I wrote about the need to plan against inheritance taxes. One way of doing this is to transfer assets into trust. Once there the assets no longer belong to you, they belong to the trustees, so generally would not attract any tax charge on your death because the legal owner doesn't change. And if you get into financial proble...
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