Private Wealth Structuring

Wealth that has been accumulated over decades is often held in a way that made sense at the time and no longer does — assets in one person's name, businesses without succession arrangements, and holdings in several countries with no coordinated plan.

Wise Counsel advises individuals and families on organising personal and family assets for protection, orderly succession and tax efficiency.

What we help with

• Reviewing how assets are currently held and identifying the risks in that structure
• Separating personal assets from business risk
• Structuring holdings across Vietnam and other jurisdictions
• Advising on the tax consequences of restructuring during lifetime
• Coordinating structuring with wills, gifts and succession planning
• Advising on the treatment of assets on divorce or on a partner's death
• Confidentiality and privacy considerations in how assets are held
• Reviewing the plan periodically as family circumstances change

Structures set up abroad without regard to Vietnamese reporting and foreign exchange rules create problems rather than solving them. We check both sides before recommending anything.