LEGAL COUNSEL
INTERNATIONAL PRIVATE CLIENT
Private Client Series
WEALTH TALKS
20 May 2020
Philippines Private Client
In this Wealth Talks, we shall consider the application of Philippine divorce, succession and community property laws both within the Philippines and also where there is an International element.
Three unique case studies will be considered:
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Case Study No. 1
This case study will consider application of Philippine divorce, succession and matrimonial community property laws to assets held in the Philippines as well as foreign assets held in the US and via a trust in Hong Kong. Philippine forced heir rights will be considered as well as potential "clawback" claims against trustees of foreign trusts. Application of Philippine community property law to foreign assets as well as foreign trusts will also be considered.
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Case Study No. 2
This case study will consider application of US divorce, succession and matrimonial community property laws to assets and property held in the US, Philippines and via various trusts established in Hong Kong and Singapore. Potential US court orders varying the terms of foreign trusts will be considered, as well as application of US community property law to foreign assets and trusts.
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Case Study No. 3
This case study will explore the practical process and procedure by which a Philippine family may obtain residence or citizenship in the EU as well as potential long term succession and community property law implications.
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Zac Lucas
Partner
McCarthy Denning
John Shoemaker
Registered Foreign Lawyer
Butter Snow
Scott Moore
Country Head Philippines
Henley & Partners
Mary Chan
Executive Director
Vistra
Joshua Paraiso
Partner
PJS Law
Meet the Speakers:
Listen to the podcast
View the recording
View the slides
EXPLORE WEALTH TALKS
Governance & Succession
Family Business
Family Office Series
The Governance & Succession series of talks is designed to bring together industry experts to explore the challenges and opportunities faced by business families when considering governance and succession to the family business.
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.