9 Sep 2020
Single Family Office
In this final webinar in the series, we shall consider the challenges faced by families as they seek to establish and integrate their family office operations. We shall discuss best practice structuring options, implications of using a trust structure to hold the family office and the need for robust governance controls in order to ensure the longevity of the family office.
A functional comparison of a traditional family office and a family office utilizing the Variable Capital Company (VCC) legislation will be undertaken including discussion of a suitable trust holding structure where a multigenerational family wish to utilize a VCC for cost and efficiency-saving purposes.
We shall invite final comment from Kylie Luo of BDO Tax Advisory on the tax challenges in transferring a family office across generations.
PK Wong & Nair
BDO Tax Advisory
Monetary Authority of Singapore
Tan Woon Hum
Shook Lin & Bok
Meet the Speakers:
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EXPLORE WEALTH TALKS
Governance & Succession
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.