Significant economic growth in Asia has contributed to a meteoric rise of high net worth individuals in the region and private wealth is also expected to almost double in value reaching USD61 trillion by 2018. If you or your client is affected by this and are looking for a considered approach towards compliant structures, including trusts and foundations for holding private wealth and succession planning, then the Appleby team is on hand to assist.
Our private client and trust team has over a Century's worth of experience in advising on the creation of trusts, and more recently foundations, offshore. We work with Asia families, private individuals and businesses to establish effective and innovative structures, combining the most attractive features of each jurisdiction in which Appleby operates.
Our factsheet attached sets out some of the current drivers for a growing demand on trusts and foundations by Asian clients, the common scenarios faced by them and how trusts and foundations can provide them with solutions and benefits.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.