Panel discussion - Wealth Structuring & Solutions – The Key Considerations and Issues

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  • What in your opinion are the essential ingredients to a successful estate & succession plan – How are HNW and UHNW families in UAE approaching this?
  • What stumbling blocks do you come across? What cultural challenges and solutions?
  • Who creates the initiative in the family? Challenges the trusted advisors face when advising the Family and how are lawyers and external advisors incorporated into the process?
  • How is the use of UAE Wills developing – what are the issues and challenges?
  • DIFC, ADGM and Domestic Trusts vs. Offshore Trusts? Are domestic trusts being utilised and how, and where do the offshore trusts fit in.
  • What is the interest in DIFC/ADGM Foundations and Sharia Law solutions? Are wealth managers and fiduciaries sufficiently focused on these solutions?
  • What are the Popular Offshore Jurisdictions for UAE residents?
  • Is there enough focus on Governance and is the supply of qualified advisors sufficient?
  • How are UAE residents approaching the use of life insurance as part of the solutions?

Chair

Sunita Singh-Dalal
Partner, Private Wealth & Family Offices
Hourani & Partners

Panel Members

Tan Woon Hum
Partner, Head of Trust, Asset & Wealth Management Practice
Shook Lin & Bok

Zac Lucas
Partner – International Private Wealth
Spencer West

Diana Hamade
Managing Partner
Diana Hamade Attorneys at Law

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