Our Partner Mr. Roy Leung and Senior Associate Ms. Theresa Law were invited to give a CPD seminar to the members of the Professional Insurance Brokers Association (“PIBA”) on 4 March 2024, on the theme of “Trust & Family Office” within the realm of wealth management and investment services.

During the seminar, Mr. Leung and Ms. Law, with the support of our Trainee Solicitor Mr. Andes Leung, introduced the elementary legal concept, history, development, functions, common issues, etc. of trust and family office, which have been hot topics in and beyond the insurance industry in recent years. The CPD seminar received positive response with attendance of almost 90 PIBA members.

At the seminar, the attending PIBA members also engaged in enlightening discussions with Mr. Leung and Ms. Law on the significance of trust and the evolving roles and regulations of family offices in Hong Kong. The valuable insights of Mr. Leung and Ms. Law enriched the knowledge base of the attendees and facilitated the commitment of the insurance industry to staying abreast of these pertinent topics.

The discussion on trust delved into its unique principles and its pivotal role in property holding and wealth management. Simultaneously, the exploration of family offices shed light on their unique role in succession planning, customized lifestyle management services, and the professional management of the wealth of high-net-worth individuals (HNWI) and their beloved family members amid the provision of incentives, including among others, a new tax concession regime, by the Hong Kong Government endeavoring for the development of family offices in Hong Kong.

Our firm provides a wide range of services to private clients including family wealth management. Our Trust Team provides legal services to clients on trust-related matters, including the establishment of private trusts for tax planning, assets protection, and estate and succession planning. This ranges from the trust structure before establishment to the management of the underlying assets and business after settlement. Our firm has acted for and advised leading insurance companies and family office. Besides trusts and estates, assistance on real property successions and solutions is joined by our Conveyancing Department. Our Dispute Resolution Department has substantial experience in contentious disputes over trusts, sharing valuable insights on risk factors. We are dedicated to establishing long-term relationships with both corporate and individual clients to provide indispensable support to their businesses and lives across different stages.