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Cross-border and tax complications drive need for more sophisticated trust planning

High-net-worth families in Asia have become increasingly multi-jurisdictional, and so has their wealth. While the trust structure remains the favoured vehicle for meeting the wealth planning needs of HNWIs, cross-border and tax issues may necessitate exploring more options in trust planning. A key complication arises when the founder generation of the family — living in Asia and generating most of…

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