Stronger Protection for Beneficiaries
- New amendment provides better protection to beneficiaries and their interests.
With a long history of over 100 years of the Trust Law and being part of the British Common Law, Trust has become a sophisticated financial tool for wealth management. Trust provides safety, capital growth and smooth inheritance to your wealth.
Hong Kong is a world known free port and an international trading and financial centre, tremendous wealth has been created from the vibrant commercial activities by local and foreign businessmen in the territory. As such, the need for Trust has been growing.
Hong Kong has many factors in favor of Trust. It has low taxation, linked exchange rate system of Hong Kong Dollar and US Dollar, rule of law, no restriction to funds coming in and going out of the territory. These altogether have made Hong Kong an international hub of Trust. Looking ahead, trust service will continue to expand fulfilling the needs of individuals and families.
For wealth safety, trust makes prevention of loss of wealth at times of adversity possible simply because it is under the name of your Trustee, not you.
For capital growth, trust makes capital growth possible. Your wealth will grow via savvy investment strategy as stipulated in the trustee deed while you are exercising your talent to generate more wealth. You deserve a bigger harvest out of your hardworking.
For smooth inheritance of your wealth, trust makes smooth transfer of your asset to your designated beneficiaries possible. You can distribute your wealth to your loved ones, providing better life to your family according to your will as stipulated in the trustee deed.
As trust takes away your burden of wealth management, you can focus on your career or business and enjoy your life while your wealth is being taken care of professionally by your trustee.