According to 2019 Chinese Private Wealth Report by Bain & Company and CMB, nearly 50% of HNWIs regard wealth protection & inheritance and long-term accumulation as their primary concern. Arrangement of wealth inheritance has entered a popularization and deepening stage, and family trusts are widely favored.
Praised as ‘pearl on the crown’ of family inheritance, family trust gets much support in China and is chosen by more and more domestic families.
For the purpose of wealth management, inheritance and protection, family trust realizes comprehensive management of family assets through asset allocation and portfolio investment in different jurisdictions, effectively achieving asset layout, inheritance planning, risk isolation, tax planning, and children's education, family governance and charity planning and other demands.
Ming•Family Office has gathered experts in trust, law, taxation and asset allocation from home and abroad to tailor establishment plans of family trusts for HNW families.
Establishment of overseas & domestic family trust
Establishment of overseas family trust
(Cayman Islands, British Virgin Islands, Singapore, Jersey Island, Guernsey, America, Bermuda and Cyprus)
Establishment of domestic family trust
(Hong Kong and mainland of China)