Designed with business professionals in mind, our events offer unique market insights and enhanced networking opportunities for industry experts.
Building Legacies & Business Succession: Understanding the Fundamentals of Holistic Global Estate Planning (Taipei)
Around the world, a common challenge each business family faces is the issue of succession, legacy planning and wealth preservation. A common saying goes to state that “wealth does not last through three generations”, an indication of the scale of this challenge. 
Indeed, wealth planning, especially succession and legacy issues, involve sensitive and private deliberations and require careful planning. Whether it is to preserve family wealth, protect children’s interest, guarantee business succession, or to ensure confidentiality, it is fundamentally important to understand that “cookie cutter” solutions may not achieve the desired results.
Come and understand the dynamics and concerns of high net worth families, the necessity for wealth and succession planning, and the legal solutions available. The talk will explore how private foundations fundamentally differ from trusts, when to consider one over the other, and most importantly, how these solutions are unique estate planning tools facilitating succession planning across generations.
    Hiu Chee Fatt joined Labuan IBFC Inc as Trust Adviser in 2010, bringing with him more than two decades of experience in capital markets, financial products and fund management.

    Prior to joining Labuan IBFC Inc, he served as Director of Legal, Compliance and Risk Management at Prudential Asset Management Berhad, one of the largest multinational fund management companies in Malaysia. He previously headed the credit and risk management functions of various financial institutions, including Hong Leong Bank Berhad, AmBank Berhad and Sime Bank Berhad.

    Mr Hiu holds an Advanced Diploma of Business Administration from the Association of Business Executives (ABE) and a Master of Business Administration from the College of Cambridgeshire, both in the UK.
    Millie Chan practises law in British Columbia, Canada in the Vancouver office of Borden Lander Gervais (BLG), a Canadian national law firm. She is in BLG’s Tax Group and the Corporate and Commercial Group, and is also BLG’s Senior Consultant, Asia Pacific Markets. Ms Chan is a member of the Law Society of British Columbia, the Canadian Bar Association, and the Canadian Tax Foundation, and serves as a director of the Malaysia Canada Business Council (B.C.). She is also a member of the Malaysian Bar and the Society of Trust and Estate Practitioners (STEP), Malaysia.

    Ms Chan’s main area of practice is in international wealth transfer and global estate, asset protection and capital preservation planning. In particular, she advises high net worth families in Asia in this area of holistic global estate planning. She also advises immigrants to Canada on tax-planning options.

    In addition to planning for protection and preservation of assets, Ms Chan works with families to establish strategies and processes to promote family governance, maintain family unity and uphold family identity and integrity. For this purpose, she travels regularly to Asia and works in synergy with BLG’s extensive contact base of financial institutions and offshore service providers for trusts, foundations and corporations.

    Before immigrating to Canada in 2007, Ms Chan practised law in Malaysia for approximately 27 years at her own firm, W Y Chan & Roy, for whom she remains a consultant. Her primary practice focus in Malaysia was on corporate/securities and commercial matters.

    Ms Chan graduated with an LLB (First Class Honours) degree from the University of Malaya. She is fluent in English, Mandarin and Malay, and is conversant in Cantonese and Hakka, as well as (minimally) Hokkien.
    Wai Bing joined TMF Group in June 2013 and is the Managing Director of TMF Trust Labuan Ltd. He has over 20 years experience in corporate secretarial practice in one of the then Big 5 accounting firms and was the Director/Partner of a corporate secretarial, share registration and business outsourcing practice. The practice was sold to the largest Hong Kong based management services firm, where he continued as one of its Directors for many years prior to joining TMF. Wai Bing has been in the offshore and trust industry for almost 10 years.
    Wai Bing is a member of the Institute of Chartered Secretaries and Administrators, UK (ICSA), a Chartered Secretary (ACIS) with the Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) and an Approved Trust Officer and Liquidator by the Labuan Financial Services Authority.
Date :
18-Oct-2016 (Tue)

Time :
9:00 AM - 12:00 PM 

Taipei Marriott Hotel
Spring Summer, Level 3
No. 199 Lequn 2nd Road (Intersection with Jinye 4th Road), Zhong Shan District, Taipei 10462, Taiwan

Friends of
Labuan IBFC
We would like to hear from you
Copyright © labuan ibfc
Generic Popup