Author name: aleeanpeace

What Happens to My Assets If I Have No Trust Account and No Will? Your assets will be distributed under Hong Kong’s Intestates’ Estates Ordinance (Cap. 73). Family members must […]

Will Trust Assets Be Affected If I Am Involved in a Marriage Lawsuit? Licensed trust services act like a firewall, with strong confidentiality features. According to the Recognition of Trusts

Can I Designate an Unborn Child as a Trust Beneficiary? Yes. You may designate categories such as children or grandchildren as beneficiaries. Under Section 46 of the Trustee Ordinance (Cap.

Can I Grant Overseas Assets to Trustees for Custody? According to Section 41 of the Trustee Ordinance (Cap. 141), foreign succession laws do not affect the transfer of movable property.

How Long Can a Trust Last? Can I Terminate My Trust? In Hong Kong, a trust can exist indefinitely if not terminated, providing perpetual protection of assets. If it is

Who Can Be a Beneficiary of My Trust? Anyone can be designated, including yourself (under Section 2(c) of the Recognition of Trusts Ordinance Cap. 76). If no specific individual is

What Regulations Govern Trust Supervision? Trust regulation is based on common law and principles of equity, emphasizing fiduciary duties. Compared with the strict rules of banks, trusts offer greater flexibility,

Will I Lose Control When Transferring My Assets into a Trust? No. You may retain full authority over investment and management. If it is a revocable trust, you can also

What Is a Family Trust? A family trust is a type of private trust and a powerful financial planning tool, commonly used in estate planning. Through a standard trust deed

Can Creditors Trace My Assets Through a Trust? Licensed trust custodial services act as a protective wall for assets, with strong confidentiality advantages. According to the Recognition of Trusts Ordinance