family-office-mar-2025

Family Office Landscape in the Europe

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family office mar 2025

Family Office Landscape in the Europe

Event Information

📅 Date: 11 March 2024 (Tuesday)
🕕 Time: 2:00PM – 4:00 PM
📍 Venue: 37-3A & 37-05 Menara Eco World (formerly known as Menara The Stride)
* Free Parking – LaLaport
☕ Light Refreshments: Coffee, tea and dessert
🔖 Fee:  Free

The talk is free this month! Limited-time offer – don’t miss out!

Event Outline

Join our guess speaker Ms Patricia Boon as she introduces a dynamic overview of Europe’s family office landscape, highlighting its evolving structures, strategic diversification, and increasing sophistication. Emphasizing tailored wealth management, intergenerational planning, and global investment opportunities, she reveals how European family offices are adapting to complex regulatory frameworks and market innovations for sustainable growth worldwide.

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Ms Patricia Boon

Patricia is ranked as a ‘Next Generation Partner’ in the 2024 edition of The Legal 500, where she is singled out for her pragmatic approach to advising high net worth individuals within and outside the UK. She is also recognised in Private Client Global Elite’s ‘Global Excellence’ listing.

As a Partner in the Private Client team, Patricia has in-depth expertise in all relevant areas of UK tax. She advises ultra high net worth individuals across the full range of personal estate planning and succession matters, including advising on will planning, cross-border estate planning, mental capacity issues, and asset protection. She frequently advises on the creation of non-UK resident trusts (including PTC structures), as well as reviewing existing structures, and advising on the termination of trusts.

With a particular specialism in advising Asian families on cross-border family governance, Patricia frequently travels to the region to advise on succession planning for owners of family businesses and structuring assets for passing down to the next generation in a sustainable manner. Patricia has particular expertise in dealing with multi jurisdictional matters, enabling her to quickly identify the most suitable structures for clients with cross jurisdictional touchpoints.

Her wide network of intermediaries allows her to help clients identify the right service provider for their needs and requirements, particularly in cases where they are considering setting up a trust and need advice choosing a trustee with whom they can establish a long-term relationship.

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With a team of seasoned professionals across key financial centers such as Singapore, Hong Kong, Shenzhen, Taipei, Kuala Lumpur, Dubai, London, Vienna, Geneva, the British Virgin Islands, the Cayman Islands, and the Marshall Islands, we recognize the significance of preserving family legacies and are dedicated to helping you achieve a seamless and sustainable transfer of wealth across generations.
Visit Timeless Family Office

Register Now

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Media Coverage

media enanyang Sep2025

Sep 10, 2025

FIAM co-hosts the first Asia-Pacific Family Office Forum together with the Securities Commission Malaysia, working hand in hand to promote the single-family office framework onto the international stage.

eNanyang
media malaysiakini Sep2025

Sep 8, 2025

Pioneering the Future of Family Offices — FIAM & SC Malaysia at the First Asia Pacific Forum in Taipei

MalaysiaKini

Oct 17, 2024

Our President, Vicky, on ZFounderClub shares: 🇲🇾 The greatest opportunity for Malaysia’s economic takeoff? How the Family Office is fueling the growth of Forest City!

Youtube
fiam enanyang adv1c

Apr 1, 2024

Timeless International Family Office Enters Malaysia, Marking a New Milestone in Global Expansion

eNanyang

Mar 23, 2024

Timeless International Family Office Opening Ceremony

Youtube
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Top 10 Family Office and Offshore Trust Developments 2024

by insights

Top 10 Family Office and Offshore Trust Developments in the World 2024

top10 fo ota 2024 1

Family offices and offshore trusts saw significant advancements in 2024, shaping how high-net-worth individuals manage their wealth. From innovative legislative reforms to strategic financial incentives, 2024 positioned several countries, including Malaysia, as critical players in this evolving landscape. Below are the top 10 Family office & Offshore trust events ranked by importance (1 to 5), with 5 being the most impactful.

1. Malaysia’s Family Office Initiatives in Forest City (October 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
Malaysia introduced a 0% tax rate for family offices in Forest City’s Special Financial Zone (SFZ), aiming to attract global high-net-worth individuals and cement its position as a wealth management hub in Asia.
Read Full Article

2. UK’s Autumn Budget and Offshore Trusts (December 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
The UK announced sweeping changes to offshore trust taxation, starting April 2025, including tighter inheritance tax (IHT) rules, drastically reshaping estate planning for UK residents.
Read Full Article

3. Hong Kong’s Crypto Tax Exemptions (November 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
Hong Kong proposed tax breaks for family offices investing in cryptocurrencies, enhancing its position as a leading offshore financial hub.
Read Full Article

4. Cayman Islands Abolish Rule Against Perpetuities (August 2024)

Rating: ⭐⭐⭐⭐ (4/5)
The Cayman Islands removed trust duration limits, allowing indefinite trusts to enhance global succession planning opportunities.
Read Full Article

5. Singapore Tightens Family Office AML Regulations (December 2024)

Rating: ⭐⭐⭐⭐ (4/5)
Singapore introduced stricter anti-money laundering (AML) compliance rules for family offices, requiring annual reporting and adherence to robust due diligence practices.
Read Full Article

6. Scotland’s Legislation on Private Purpose Trusts (Jan 2024)

Rating: ⭐⭐⭐ (3/5)
The Trusts and Succession (Scotland) Act 2024 introduced private purpose trusts (PPTs), offering new structuring opportunities but raising concerns about misuse.
Read Full Article

7. Abolition of the Non-Dom Tax Regime (December 2024)

Rating: ⭐⭐⭐ (3/5)
The UK abolished its non-dom tax regime, introducing stricter rules for offshore trusts effective April 2025.
Read Full Article

8. Global Trends in Family Offices (January 2024)

Rating: ⭐⭐⭐ (3/5)
Family offices globally embraced resilience and diversification strategies to navigate market uncertainties.
Read Full Article

9.DBS Launches Multi-Family Office VCC Service (July 2024)

Rating: ⭐⭐ (2/5)

DBS Private Bank introduced a service for ultra-wealthy families using the Variable Capital Companies (VCC) framework in Singapore, simplifying asset management.

Read Full Article

10. Trust Law Developments in Offshore Jurisdictions (December 2024)

Rating: ⭐⭐ (2/5)
Updates in Guernsey, Jersey, and other jurisdictions enhanced trust governance but were less groundbreaking compared to other events.
Read Full Article

Conclusion: Looking Ahead to 2025

As 2024 concludes, Malaysia has solidified its position as a global leader in family office development. With groundbreaking initiatives in Forest City and a supportive regulatory environment, the country is set for even greater achievements in 2025. Stay tuned for more updates from FIAM, including the ‘Top 10 Family Office & Offshore Trust Development Forecast for 2025,’ in the ever-evolving world of family offices and offshore trusts!

Explore ways to safeguard your family's financial future with a complimentary 30-minute consultation (worth RM500)

Discover strategic wealth planning solutions tailored to your family’s needs with our complimentary consultation on trust structuring. We understand that every family has unique financial goals and challenges, requiring personalized approaches to long-term asset protection.

During your consultation, our experts will explore suitable trust structures aligned with your objectives, ensuring a smooth transition of wealth for future generations.

Schedule your free consultation today to gain insights into effective wealth preservation and legacy planning

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Singapore-Family-Off-Sep24

Singapore Family Office & The Benefits of Offshore Trust Account

by Post
Singapore Family Office

Singapore Family Office & The Benefits of Offshore Trust Account

Event Information

📅 Date: September 23rd, 2024
🕕 Time: 2:00PM – 4:00 PM
📍 Venue: 37-3A, The Stride BBCC
* Free Parking – LaLaport
☕ Light Refreshments: Coffee, tea and dessert
🔖 Fee:  Free

The talk is free this month! Limited-time offer – don’t miss out!

 

Event Outline

Join our guess speaker Mr. Yiow Tan from Jersey Finance, on Singapore Family Office. Explore the benefits and opportunities of establishing a family office in Singapore, highlighting its favorable regulatory environment, tax incentives, and strategic location in Asia. Gain a deeper understanding of the processes, requirements, and advantages of setting up a family office in Singapore, and how it can be a pivotal step in safeguarding and growing their family’s assets for future generations.

Ms. Diyana, Business Development Manager of Timeless International Family Office, will also share an in-depth exploration of The Benefits of Offshore Trust Accounts. Discover how offshore trust accounts can provide enhanced asset protection, tax efficiency, and financial privacy for individuals and families. Learn about the key benefits and strategies for leveraging offshore trusts to secure your wealth and ensure long-term financial stability

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Mr Yiow Tan

Yiow Chong Tan joined Jersey Finance in 2022 as the Director for Southeast Asia based in Singapore. He is responsible for spearheading Jersey Finance’s market development activities in Southeast Asia across the private wealth, funds, capital markets and banking sectors.  

Yiow has extensive business and corporate finance experience in the Asian markets where he has been consistently involved in the origination, marketing, structuring, negotiation, due diligence and execution of private equity, stock exchange listings and M&A deals across Singapore and Malaysia. In a previous role, he identified and built close working relationships with Chinese high-net worth clients and institutional investors to secure and raise funds for mandated clients.

Most recently, he was the Corporate Finance Director and Board Secretary of a Chinese Family Office based in Beijing which has investments in Chinese data centres and UK commercial properties. Prior to that, he held director and consultant positions with various Singapore-based business consultancy firms working out of Shanghai in mainland China.

A Singaporean, Yiow is familiar with the Southeast Asia culture, and is fluent in both English and Chinese Mandarin. He has a Bachelor of Science in Information Systems and Accounting Degree with First Class Honours from the University of Leeds.

diyana pic

Ms Diyana

  • Business Development Manager of Timeless International Family Office
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With a team of seasoned professionals across key financial centers such as Singapore, Hong Kong, Shenzhen, Taipei, Kuala Lumpur, Dubai, London, Vienna, Geneva, the British Virgin Islands, the Cayman Islands, and the Marshall Islands, we recognize the significance of preserving family legacies and are dedicated to helping you achieve a seamless and sustainable transfer of wealth across generations.
Visit Timeless Family Office

Register Now

Thank you for your interest in the Singapore Family Office & Offshore Trust Account event. Unfortunately, we have reached full capacity and registration is now closed. We appreciate your enthusiasm and encourage you to stay connected for future events!

Media Coverage

media enanyang Sep2025

Sep 10, 2025

FIAM co-hosts the first Asia-Pacific Family Office Forum together with the Securities Commission Malaysia, working hand in hand to promote the single-family office framework onto the international stage.

eNanyang
media malaysiakini Sep2025

Sep 8, 2025

Pioneering the Future of Family Offices — FIAM & SC Malaysia at the First Asia Pacific Forum in Taipei

MalaysiaKini

Oct 17, 2024

Our President, Vicky, on ZFounderClub shares: 🇲🇾 The greatest opportunity for Malaysia’s economic takeoff? How the Family Office is fueling the growth of Forest City!

Youtube
fiam enanyang adv1c

Apr 1, 2024

Timeless International Family Office Enters Malaysia, Marking a New Milestone in Global Expansion

eNanyang

Mar 23, 2024

Timeless International Family Office Opening Ceremony

Youtube
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Family Trust Malaysia

Family Trust Malaysia: Protect Your Assets RM8 Million Risk

by insightsTrust

RM8 Million Risk: Asset Protection with Family Trust Malaysia

Family Trust Malaysia

Imagine this happening to you: a doctor in Malaysia recently faced a staggering RM8 million in damages due to a medical negligence lawsuit. It’s hard to fathom the stress and financial turmoil that such a case could cause. This situation isn’t just a headline—it’s a wake-up call for all of us. Whether you’re a doctor, business owner, or any professional, the reality is that legal risks can strike unexpectedly, potentially putting everything you’ve worked for at risk. But there’s a way to protect yourself and your family’s future: a family trust.

Let’s look at some examples:

  • RM8 Million Medical Negligence Case: A Malaysian doctor was hit with an RM8 million lawsuit, exposing his personal assets to significant risk

  • Director Liability in Malaysia: A recent Federal Court case saw directors facing substantial legal risks related to minority shareholders’ rights, with their personal wealth potentially at stake.

  • Liability in a Patient’s Death: Another doctor faced severe financial consequences after being held liable for a patient’s death, putting his personal assets in jeopardy.

    In each of these cases, the individuals’ personal wealth could have been safeguarded through the establishment of a family trust, ensuring their financial security and protecting their assets from potential legal fallout.

What is a Family Trust?

A family trust is a legal arrangement where your assets are transferred to a trustee, who manages them on behalf of your beneficiaries. This separation of ownership helps protect your wealth from legal claims, creditors, and unforeseen financial challenges, ensuring that your assets are preserved for your family’s future. Learn More about Trust in Malaysia

Why Proper Setup is Crucial

While family trusts provide strong asset protection, they must be set up correctly to be effective. A poorly structured trust could leave your assets vulnerable to legal claims or creditors. Understanding trust assets, ensuring their independence, and complying with legal boundaries are vital steps in safeguarding your wealth.

1. Understanding Trust Assets

What constitutes trust assets?

Trust assets are fundamental to the trust’s structure. They must be legally owned, clearly defined, and properly transferred to the trustee. This ensures that the assets are recognised as trust property and protected under the trust framework. 

2. Ensuring the Independence of Trust Assets

How is the independence of trust assets ensured?

The independence of trust assets is crucial to protecting them from legal claims or debts. Trust assets must remain distinct from both the settlor’s and the trustee’s personal assets, ensuring they cannot be seized to settle any liabilities.

  • Separate from the Settlor’s Assets: Establishing a separate trust account is key to distinguishing personal assets from trust assets, ensuring funds are used solely for the trust’s purposes.

  • Separate from the Trustee’s Assets: Trust assets must also remain distinct from the trustee’s personal assets, protecting them from being used to settle the trustee’s debts.

The independence of trust assets is not just a legal requirement; it is also strictly upheld in judicial practice, forming a solid legal foundation for the trust system.

3. Conditions Under Which Trust Assets May Be Seized

When might trust assets be subject to legal seizure?

The protection of trust assets is not absolute and must operate within legal boundaries. The trust must be legally valid and comply with all legal requirements. If a trust is established in a way that harms creditors, they may have the right to challenge the trust.

Trust assets could also be subject to seizure if they are used to evade debts, highlighting the importance of transparency and legality in trust operations.

Recommendations for High-Net-Worth Individuals in Malaysia

How can HNWIs in Malaysia ensure their family trusts provide robust asset protection?

In a complex legal and economic environment, Malaysian HNWIs must adopt careful strategies to ensure their family trusts remain secure:

  1. Legitimate Trust Purpose: Ensure the trust has a clear, lawful purpose focused on wealth protection and inheritance, rather than evading debts or hiding assets.
  2. Transfer of Control: Substantially transfer control of trust assets to the trustee, ensuring that the trustee is genuinely managing the assets.
  3. Professional Service Team: Engage reputable trust companies, legal experts, and financial advisors to ensure the trust is properly managed and compliant with all legal requirements.

Sign Up here to learn more about Trusts in Malaysia

Conclusion

The RM8 million case is a powerful reminder of the financial risks that professionals & Malaysia business owner face. By setting up a family trust, you can protect your assets from unforeseen legal claims, ensuring your wealth is preserved for future generations.

Looking for something more advanced? If you’re interested in more sophisticated options for asset protection, consider exploring offshore trusts and family office services. These provide additional layers of security and strategic wealth management. Learn more about setting up an offshore trust in Malaysia or why you should consider a family office in Malaysia.

TIMELESS Family Office Specialist
FIAM SPECIAL: FREE 30-minutes consultation (valued at RM500)

Explore ways to safeguard your family's financial future with a complimentary 30-minute consultation (worth RM500)

Discover strategic wealth planning solutions tailored to your family’s needs with our complimentary consultation on trust structuring. We understand that every family has unique financial goals and challenges, requiring personalized approaches to long-term asset protection.

During your consultation, our experts will explore suitable trust structures aligned with your objectives, ensuring a smooth transition of wealth for future generations.

Schedule your free consultation today to gain insights into effective wealth preservation and legacy planning

Please enable JavaScript in your browser to complete this form.
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