Regulating private wealth and family trusts

Zhong Lun Law Firm

4 minute read October 31, 2014 at 11:39 AM

clpstaff and clp articles

Na Ling

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Family trusts are when high net-worth individuals (HNWIs) trust their property rights to the trustees (normally a trust institution) and designate beneficiaries (normally family members). The trustees manage the family fortunes according to the individuals' wishes and recognise the protection, appreciation and inheritance of family fortune.

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