Asia Outbound, designed to assist corporate structuring, asset protection, and immigration service providers, is one of the most trusted resources for Asia’s business and investment leaders. Leo Trust was not just attending this year’s Asia Outbound Summit in Dubai but participating with various key-note speeches.
The annual Asia Outbound Summit Series brings together hundreds of top financial intermediaries and matches them with corporate and financial, immigration and wealth protection service providers from all over the world. For the 12th year, Asia Outbound hosted the largest cross-border wealth management, corporate structuring and investment migration event in Dubai.
A delegation of Leo Trust Switzerland was traveling to the UAE – to take part in the Asia Outbound Summit Dubai 2022. «We were not only attending but participating with various key-note speeches that captivated many attendees», says a Leo Trust Representative and continues with «It was also an excellent opportunity to meet business and investment leaders from all over the world».
One of Leo Trust’s topic was «Asset protection and setting up a Swiss family office in time of global uncertainty». A Leo Trust Representative quotes Benjamin Franklin, one of the foremost of the Founding Fathers of the United States: «Failing to prepare is preparing to fail, asset protection is no exception.»
Doing nothing, waiting too long to come up with a plan, rely on only one strategy or not using an expert – there is lots of room to fail. And there are lots of possible mistakes when it comes to asset protection:
· Assuming, it is illegal
· Using the wrong trust structure
· Relying solely on a will or a living trust
· Thinking you don’t have enough assets to protect
· Not considering tax consequences
As a leading global corporate and trust service provider, Leo Trust has many decades of experience regarding wealth planning – and also the solution: «Trusts are an ideal succession and asset-protection instrument. A trust preserves wealth against family, political, economic uncertainty. It transfers wealth to the next generation in accordance with a person’s wishes», says a Leo Trust Representative. «You can plan an estate to maximize the benefits of wealth for family members. Furthermore, you can consolidate assets that are all over the world and manage them perfectly».
The ideal instrument is one thing, the other is management – preferably by a Swiss Trustee:
· Swiss Trustees are regulated
· Possibility to use various Trust laws with Swiss Trustee
· Highest degree of privacy and confidentiality
· Banking advantages: long standing history and expertise
· Political, financial, social and economic stability
Do you have any inquiries? Dr. Roderik J. P. Strobl will be pleased to provide you with the information you need.
–
This article is aimed at providing a general overview and summary of the issue. It is non-binding, and does not and should not be taken to constitute legal advice.
Family office trends are changing the face of the financial and fiduciary services industry. Shifting family office preferences require the accommodation of practitioners’ services and an adapted mindset. In this STEP Journal article Dr Roderik J. P. Strobl, TEP from Leo Trust Switzerland surveys the global family office landscape and analyses its trends.
Moncucchetto 2024, co-hosted with EFG Bank, featured insightful presentations by Dr. Daniel Murray on the influence of politics on investments and Prof. Dr. Paolo Bernasconi on AI and cybercrime.
