Advanced trust planning for U.S. - Chinese HNWI clients with global assets. 23 March 2021

Host group
Host Left
Hosted by
STEP Los Angeles
Event Type
Web Event
Date

Zoom Link & Materials: An email with the webinar access link along with the materials will be sent after 9:00 am on the morning of the program.

Speakers: Shudan Zhou, Norton Rose Fulbright US LLP Carlyn McCaffrey, McDermott Will & Emery LLP

Program description:

The speakers will explore creative (and sometimes counterintuitive) structuring techniques and review recent legal developments and their impact on U.S.-Chinese families with significant wealth in multiple jurisdictions. The discussions will include the following key
questions, to be illustrated with recent real-life cases:

  1. When is a foreign nongrantor trust a preferred structure for U.S. beneficiaries?
  2. Why is a foreign trust a terrible idea for certain wealth holding structures (think the wave of Hong Kong IPOs and pre-IPO planning)?
  3. How can the U.S. side of the family benefit the Chinese side of the family while minimizing U.S. income tax and avoiding pitfalls? U.S. green card holders and citizens’ different options.
  4. How can the U.S. side of the family benefit the Chinese side of the family while minimizing U.S. income tax and avoiding pitfalls? U.S. green card holders and citizens’ different options.

Please join us!

Cost group
Event Cost
Complimentary
Schedule
12:00 to 13:30 PST (15:00 E.S.T)
CPD Points
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We are offering 1.5 hours of continuing education for attorneys and accountants
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Contact
Jennet Lisingperlas
Add to Calendar 2021-03-23 00:00:00 2021-03-23 00:00:00 Advanced trust planning for U.S. - Chinese HNWI clients with global assets. 23 March 2021 Zoom Link & Materials: An email with the webinar access link along with the materials will be sent after 9:00 am on the morning of the program. Speakers: Shudan Zhou, Norton Rose Fulbright US LLP Carlyn McCaffrey, McDermott Will & Emery LLP Program description: The speakers will explore creative (and sometimes counterintuitive) structuring techniques and review recent legal developments and their impact on U.S.-Chinese families with significant wealth in multiple jurisdictions. The discussions will include the following key questions, to be illustrated with recent real-life cases: When is a foreign nongrantor trust a preferred structure for U.S. beneficiaries? Why is a foreign trust a terrible idea for certain wealth holding structures (think the wave of Hong Kong IPOs and pre-IPO planning)? How can the U.S. side of the family benefit the Chinese side of the family while minimizing U.S. income tax and avoiding pitfalls? U.S. green card holders and citizens’ different options. How can the U.S. side of the family benefit the Chinese side of the family while minimizing U.S. income tax and avoiding pitfalls? U.S. green card holders and citizens’ different options. Please join us! STEP Los Angeles STEP Los Angeles Europe/London public