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Trusts can serve as powerful tools to ensure wealth and asset management. It serves to protect assets and ensure that they are passed on to specific loved ones. Investment strategies and wealth management tactics can also help to grow assets.
Early estate planning and writing a will in Hong Kong can ensure that a person’s wealth and assets are passed properly to desired loved ones and help to reduce taxes while ensuring that the wealth is preserved properly.
For will writing services in Hong Kong, it is recommended that a will is written with the help of a professional executor who is most often a lawyer, a trusted friend, or even both.
Appointing a professional trust company such as 3E Accounting Hong Kong as your trustee in Hong Kong can help to ensure that your wealth and assets are well-protected while also ensuring wills are properly drafted and updated.
A professional trust management services provider in Hong Kong can ensure that the administration and management your trust assets are properly taken care of.
Understand the differences between the different types of trust plans and their functions in Hong Kong. Settlors in Hong Kong have the option of picking particular types of trust plans which will have different functions that suit their specific needs.
As trustees can be in the form of trusted individuals or professional trust services provider such as 3E Accounting Hong Kong. A suitable trust services provider should be able to meet strict criteria especially due to the amount of control and responsibility they hold.
Setting up a private trust company in Hong Kong is a good way to preserve wealth and assets in trust. A private trust company is an ideal tool for family businesses and investment planning while ensuring that the succession process is smooth.
A trust in Hong Kong is not considered a legal entity. Rather, it is going to be a private arrangement between you and the party you choose to legally entrust your assets to. This legal party (a trustee) is one you have chosen for a specific purpose. Read more
