Article
Hong Kong | The Great Wealth Transfer - Parents Beware!
As affluent families in Asia navigate 'The Great Wealth Transfer' between generations, a critical question emerges: how can parents protect family wealth from being divided in their children's potential divorces? This article examines the legal vulnerabilities of gifts, inheritances, and ongoing financial support in Hong Kong divorce proceedings, exploring whether traditional generosity might inadvertently benefit future ex-spouses outside the family.
Withers LLP