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Advantages

HomeAdvantages of Conventional Trust
HomeAdvantages of Conventional Trust

Advantages of Conventional Trust

Hidden Identity of Assets

  • Personal assets managed by trust
  • Avoid all risks of personal assets
  • Avoid restriction and increase flexibility on assets
  • Assetsfully controlled by settlor

Safe Heritage of Assets

  • Clear designation of beneficiaries
  • Avoidance of complicated legal procedures and high costs
  • Specific requirements on asset management
  • Enable Successors take over the assets or businesses effectively

High Level of Protection / Security

  • Long history of trust services and related trust legislation in Hong Kong
  • Avoid High level of assets protection governed by Hong Kong Law
  • Ensure the safety of heritage assets
  • Avoidance of complicated legal procedures and high costs