The lecture "The Three Treasures of Peace and inheritance in China: Knowledge for Middle-aged to Silver-haired People" jointly organized by iARMA Charity and Sai Kung District Councilor Mr. CHEUNG Mei-hung, Chris, was held on September 7, 2024. The lecture was held in Hong Shing District, Tseung Kwan O, Sai Kung, a community with the highest density of middle-class people.
For many middle-aged people or seniors, the three treasures of safety (safety paper, advance medical directive, and durable power of attorney) are essential portable treasures. As Hong Kong society becomes more affluent, asset inheritance is also an important issue. Therefore, the questions this time can be considered very practical and meet the needs of the average middle-class or above friends.
Due to the overwhelming number of registrations, the lectures were fully booked. First, Lawyer Li explained the Three Treasures of Peace, and then Chairman Chu explained how to handle inheritance in China . Both of these are very relevant issues. Many participants have had "painful" experiences, so they asked questions very enthusiastically. Follow the explanation of the concept of trust by accountant Edward So. It turns out that many of my friends have heard of trusts, but they only got the information from entertainment pages. They generally have many misunderstandings. They think that it is expensive and requires a lot of assets, and it is only a thing for rich people. Accountant So explained the various uses of trusts and the protection they can provide, and explained common people’s misunderstandings about trusts: they are not expensive and are needed by friends with assets. Friends present had a new understanding of trust services and were very interested.
IARMA is a charitable organization (holding 88 license issued by the Hong Kong Inland Revenue Department), which aims to promote the public's understanding of financial management and risk management. Accountant Edward So is the president of this organisation.
If you have any questions about asset inheritance, family trust or risk management, please feel free to contact us.
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