Trusts and private wealth management: Developments and directions

• Main Authors: NOLAN, Richard, TANG, Hang Wu, YIP, Man
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: High-net-worth individuals; wealth; Asia; legal analysis; trusts; trustees; Asian Studies; Estates and Trusts
• Online Access: https://ink.library.smu.edu.sg/sol_research/4067; https://search.library.smu.edu.sg/discovery/fulldisplay?docid=alma99604988802601&context=L&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Local%20Search%20Engine&tab=Everything&query=any,contains,Trusts%20and%20private%20wealth%20management:%20Developments%20and%20directions&offset=0
• Institution: Singapore Management University

There has been insufficient literature focusing on the world-changing rise of Asian wealth. Private wealth in Asia is very substantial, with 33 per cent of the global population of high-net-worth individuals based in Asia. Yet, there is a dearth of legal analysis of Asian wealth, particularly by texts written in English. This collection aims to fill that gap, with chapters on legal issues in relation to Asian wealth transmission, investments in international real estate, familial disputes, family offices and private trust companies. A substantive section of this book also focuses on the changing legal context with chapters exploring trusts and cryptoassets, constructive trust, trustee's discretion and decision-making, changing regulatory environment and abuse of trust structures. This collection of essays on trusts and wealth management presents a focus on Asian wealth and the changing legal context, and follows the related publication, Trusts and Modern Wealth Management (Cambridge University Press, 2018).