Your Multi-Jurisdictional Strategists
Do you have Assets, Beneficiaries and/or Stakeholders in more than one country?
Uchi Advisory, a division of Uchi Group, is an independent unbiased legal consulting firm, we Design & Implement International Estate, Tax, and Asset Protection Strategies, without the risk of being sold a financial or investment product
We have to date assisted clients or advised on structures and transactions in more than 75 countries
Thu, 03 Mar|
Intro : Multi-Jurisdictional Strategies, the Need to Know What you Don't Know
Like an Iceberg International Planning involves more than just meets the eye. MJS is the process of arranging (international tax planning), management (family governance), protecting (asset protection) and eventually disposing (estate planning) of one’s assets (situated in more than one country)
Time & Location
03 Mar 2022, 15:00 – 16:00 SAST
About the event
With the explosion of information and telecommunication technologies it has become much easier to invest and/or do businesses in more than one country as it was doing business in the neighboring town 25 years ago.
Today I can start before breakfast catching up with my oﬃce/asset manager in Hong Kong, at lunch Skype with the branch/investment banker in London and before dinner deal with the agent/private banker in New York, all in a single day.
This speed and ease of communication have changed the absolute need to deal with or be aware of different rule sets, laws and regulations applicable to the same “estate” or family assets in different countries, at the same time.
These different countries' rules, regulations and laws also increased the risk to lose or waste ﬁnancial assets on items such as unnecessary double taxation or withholdings taxes, exchange control and administrative penalties, or be subject to legislative rules that overpowers your own intentions or instructions such as forced inheritance rules.
One can no longer plan for each country separately because of the inherent conﬂict of laws when dealing with multiple jurisdictions.
Thus the need for a Multi Jurisdictional Strategist to survey and navigate these different country’s rules, laws and regulations in order to ensure assets are arranged, protected, managed and eventually distributed in accordance with a predetermined and agreed plan.
A Multi Jurisdictional Strategy should be viewed as an ongoing process that evolves as one’s needs, goals, and family change, as the laws change, and as new tools and techniques are developed or law and regulations change.
It is a process of continually evolving structures, needs, growth, maintenance, and exit strategies.
Appropriate strategy requires professional thoroughness, which respects the ﬁnancial capital as well as human capital of one and one’s family, during one’s lifetime and after one’s death.
The best time to plan is, is the time when you think there is no need for planning.
— Christo W. Meyer
Good day, Due to a technical concern, attached please find a new link with the Introduction to Multi-jurisdictional s
1 hour Intro