“Trust is earned through time.”
A family office is an organization created to manage the wealth and investments of a high net worth family or individual. It provides a range of services such as investment management, tax planning, philanthropy, and estate planning. Singapore is an attractive location to set up a family office due to its stable economy, favorable tax …
What is VCC? It is a new legal entity form/structure for investment funds administered by ACRA with AML obligations of VCC under MAS guidelines What can it be used for ? Traditional and alternative fund strategies (both open-ended and close-ended) How can it be set up ? As a stand-alone or as an umbrella entity …
A declaration of trust is Usually a legal document Indicating a property/ asset is being held for the benefit of another person or individuals The trustee receives the asset and arranges the property as well as designated assets such as cash and securities into a trust An appointed trustee such as an individual or financial institution …
A FGT is used to describe a trust established by a Grantor, a non United States (“US”) person to benefit US beneficiaries. For US Federal tax purposes, the Grantor will still be regarded as the owner of the FGT’s assets in his/her lifetime. The Grantor would normally be exempted from US tax on non- US …
To attract and retain key executives in the company, employer can use company shares / options as incentives to encourage loyalty and commitment of core members, which commonly known as 'Employee Benefit Scheme'. An Employee Benefit Trust (EBT) can be setup anytime (usually recommended established before listing or funding event) in holding shares / share …
Are you planning an IPO? With the backdrop of a strong Asian economy driving IPO activities, the focus of business owners planning for an IPO tends to be on the advantages that a successful listing can bring to the company. The importance of personal wealth planning is often neglected. Whether the aim of an IPO …