One size does not fit all. The purposes and objectives for setting up a trust could be different for individuals and families who want to preserve and manage their assets and legacy. Having a trust in place could pave the way for an orderly distribution of wealth to future generations, as well as protecting family wealth from matrimonial disputes and other conflicts within the family.
In this video, Sarina Cheung and Sindy Wong discuss the factors for consideration when setting up a trust, including how to choose a good trustee or a good legal adviser.
If you are thinking about succession planning or setting up a trust, don’t hesitate to reach out to us.
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