Private Client, Probate & Trust

Appointment of Guardianship of Children in Hong Kong

Appointment of Guardianship of Children in Hong Kong 900 1350 Alfred Ip

It’s sad to imagine, but should something happen to both parents, children under 18 years old will need a guardian to take care of them as well as make decisions for them.

Hong Kong Lawyer | Testamentary Capacity: Update

Hong Kong Lawyer | Testamentary Capacity: Update 1600 1201 Hugill & Ip

Challenges concerning testamentary capacity have been a common issue arising before the courts. The Court of Final Appeal has recently provided guidance on testamentary capacity in a case concerning an estate matter.

Planning and Leaving an Artistic Legacy

Planning and Leaving an Artistic Legacy 800 600 Alfred Ip

The fact that artists generally give very little consideration to proper estate planning can affect the value and the marketability of a single piece of art or an entire art collection thought their own lives

Growing Wealth In Hong Kong Translates Into a Growing Number of Family Offices

Growing Wealth In Hong Kong Translates Into a Growing Number of Family Offices 1900 1267 Alfred Ip

Hong Kong has been experiencing a boom of family offices, further incentivised by tax breaks or residency options. It is indeed a very efficient Wealth Planning tool for HNWI.

Generational Transition of Family Business and Wealth Preservation

Generational Transition of Family Business and Wealth Preservation 1200 800 Alfred Ip

Transitioning ownership and control to the next generation is only one of the hurdles for many family business owners in succession planning

The Importance of Artworks Valuation in Tax and Estate Planning or in Divorce Proceedings

The Importance of Artworks Valuation in Tax and Estate Planning or in Divorce Proceedings 900 700 Alfred Ip

Valuation of artworks is the first step that an investor should think about as it has deep consequences in wealth and estate planning, as well as in case of future divorce proceedings.

Acquisition and Protection of Art: from Building a Collection to Safeguarding its Copyright

Acquisition and Protection of Art: from Building a Collection to Safeguarding its Copyright 1600 1200 Alfred Ip

Common issues for art law include how works of art should be valued, how to protect and acquire ownership of Intellectual Property Rights in art, free speech issues, authenticating and dealing with stolen artworks, cross-border transfer and a variety of business issues related to the art industry.

Trust Focus Week: Private Trust Companies

Trust Focus Week: Private Trust Companies 1200 795 Alfred Ip

If you would like to carry on your family business for successive generations and you feel that the retention of such shares is of utmost importance and that you do not want a third-party trustee to interfere with the management of the business, then a PTC or a VISTA Trust may be the solution for you.

Trust Focus Week: Choice of Trustees

Trust Focus Week: Choice of Trustees 1700 1133 Alfred Ip

The major hurdle is finding the right trustee since there is no standard answer as the wishes of the settlor, family circumstances and asset picture or holding structure can all affect the choice of trustee.

Trust Focus Week: Different Types of Trusts

Trust Focus Week: Different Types of Trusts 1000 1499 Alfred Ip

There are different types of trusts for different purposes depending on the settlor’s needs and goals, while the essential characteristic of all trusts is the separation of legal and beneficial ownership.

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