Private Client Series
2 Jun 2020
Indonesia Private Client
In this Wealth Talks, we shall consider the application of Indonesia divorce, succession and community property laws both within Indonesia and also where there is a foreign element.
Three unique case studies will be considered:
Case Study No. 1
This case study will consider the application of Indonesia divorce, succession and matrimonial community property laws to assets held in Indonesia as well as foreign assets held in the US and via a trust in Hong Kong. Indonesia forced heir rules will be considered including potential "clawback" claims against trustees of foreign trusts. Application of Indonesia community property laws to foreign assets and foreign trusts will also be discussed and considered.
Case Study No. 2
This case study will consider the application of US divorce, succession and matrimonial community property laws to assets and property held in the US, Indonesia and through various trusts established in Hong Kong and Singapore. Potential US court orders varying the terms of foreign trusts will be considered, as well as the application of US community property laws to assets held in Indonesia and through foreign trusts.
Case Study No. 3
This final case study will explore the practical process by which an Indonesian family may obtain residence or citizenship in the EU as well as potential long-term succession and community property law implications.
Registered Foreign Lawyer
Managing Partner, Head of Southeast Asia,
Henley & Partners
Ali Budiardjo Nugroho Reksodiputro
Meet the Speakers:
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The emergence of the Single Family Office is also explored, along with the need for families as well as business professionals to understand the need for robust family office governance and succession plans.
Private Client Series
The private client series of talks bring together senior industry practitioners to gain insight and understanding on legal, tax and private wealth issues facing HNW individuals and clients across Asia, particularly in light of the continuing COVID-19 crisis.
In each talk, we shall consider the application of one country's divorce, succession and matrimonial property laws both within the country and also where there is an International element.