There are different types of trusts for different purposes depending on the settlor’s needs and goals, while the essential characteristic of all trusts is the separation of legal and beneficial ownership.
In the modern days when even chivalry has been pronounced dead by many, trusts remain relevant, especially for those who wish to protect family wealth and plan for succession.
While abuse cases reporting in Hong Kong is on the increase, statistical figures are just the tip of the iceberg of what’s really happening. Injunctive relief is only part of the solution with much more to do left to social policies and legislation.
Sometimes the judgements can only be satisfied after they are enforced, and the winning party has different options how to do this in Hong Kong.
Basic 101 guide to litigation in Hong Kong: before and during the trial, including the eventuality of appeal and guidance about legal costs.
Basic 101 guide to litigation in Hong Kong: from starting a claim to case management, including pleadings, interlocutory proceedings and evidence.
Decided to start litigation? There are steps to consider before main action: pre-action discovery, Mareva injunction, Norwich Pharmacal order, anonimity order.
Litigation in Hong Kong can be a long and complicated process and full justice may not be achieved. What to consider to before starting a dispute?
Anyone making a Will should carefully consider how to choose the executor, and whether to put in additional clauses governing the powers and duties of the executor in the Will.
A brief look at the principles on ancillary relief in divorce proceedings in Hong Kong and some common scenarios relating to disputes on family assets