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VIRTUAL ROUND TABLE

India Private Client 

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Description

The Virtual Round Table (VRT) series of talks is designed to bring together senior industry practitioners to gain insight and understanding on legal, tax and private wealth issues facing UHNWI clients across Asia, particularly in light of the continuing COVID-19 crisis.

In this VRT we shall consider application of India divorce, succession and matrimonial property laws both within India and also where there is an International cross border element. We shall also consider the equivalent position of an NRI with assets in India, UAE, UK as well as the US.

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Two unique case studies will be considered:

Case Study 1

This case study relates to a domestic Indian citizen, resident domiciliary HNWI and will consider interaction of India divorce, succession and matrimonial property laws both to assets situated in India as well as assets held in the UAE, UK and the US. Assets held personally or via a trust will also be taken into consideration. Application of jurisdictional tax as well as tax and financial account reporting laws will also be considered including CRS and FATCA Reporting.

Case Study 2

This case study relates to a US resident Indian citizen and will consider interaction of California divorce, succession and matrimonial community property laws both to assets situated in California as well as assets held in the UAE, UK and India. Assets held personally or via a foreign trust will also be taken into account.

 

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