Key Taiwan Estate Planning Issues for U.S. Persons – Protecting Your Worldwide Assets

May 8, 2019 | Articles, Publications

Table of Contents Fact Pattern General Rules of Succession Intestate Succession Intestate Asset Distribution Examples Taiwan Will Formalities 5.1 Types of Wills 5.2 Witnesses 5.3 Limitations to Asset Distribution Overview of Inheritance System in Taiwan 6.1 Process...

Key China Estate Planning Issues for U.S. Persons – Protecting Your Worldwide Assets

May 8, 2019 | Articles, Publications

Table of Contents Fact Pattern Overview of Inheritance System in China 2.1 Intestate Succession 2.2 Wills 2.3 Inheritance Certificate 2.4 Required Documents 2.5 Process Use of Trusts in China Inheritance Taxes in China Common Estate Planning Issues in China 1. Fact...

CRS: Key Lessons for Families and Wealth Managers from the Panama Papers

May 28, 2018 | Articles

The Organization for Economic Co-Operation and Development’s (“OECD”) new Common Reporting Standard (“CRS”) will allow over 100 governments to access the personal financial data of overseas account holders and owners of trusts and foundations. This article is part of...

Bureaucrats From Over 100 Nations Cooperate to Collect and Share Private Family Financial Data

May 28, 2018 | Articles

The Organization for Economic Co-Operation and Development’s (“OECD”) new Common Reporting Standard (“CRS”) will allow over 100 governments to access the personal financial data of overseas account holders and owners of  trusts and foundation. This article is part of...

CRS: What Every Private Wealth Advisor Needs to Know About the Global CRS Regime

May 21, 2018 | Articles

The Organization for Economic Co-Operation and Development’s (“OECD”) new Common Reporting Standard (“CRS”) will allow over 100 governments to access the personal financial data of overseas accountholders and owners of trusts and foundations. This article is part of a...

Common Reporting Standard (CRS) FAQ

May 11, 2018 | FAQ, Publications

Table of Contents What is CRS？ What is the intended purpose of CRS？ What countries will be impacted by CRS？ When will CRS be implemented？ Whose information will be shared under CRS？ What information will be exchanged under CRS？ How is information transferred under...

Taiwan’s Offshore Planning World Is About to Become Up-Ended

Dec 15, 2015 | Articles

If and when Taiwan is pressured to join the OECD CRS scheme, Taiwan’s government will automatically receive financial, deposit, securities and banking information of its citizens from governments and banks of 96 countries. Taiwanese families and high-net-worth...

CRS: The Greatest Threat to Family Private Wealth and Privacy

Dec 15, 2015 | Articles

The Organization for Economic Co-Operation and Development’s (“OECD”) new Common Reporting Standard (“CRS”) will allow over 100 governments to access the personal financial data of overseas account holders and owners of trusts and foundations. This article is part of...