Stacy Choong > Withers KhattarWong LLP > Singapore, Singapore > Lawyer Profile

Stacy Choong

+65 6535 6844 stacy.choong@witherskhattarwong.com

Work Department

Private Client and Tax

Position

Partner, Private Client and Tax

Career

Stacey advises individuals and families on their estate planning and this includes advising on wills, trusts, family governance/constitution and family/shareholders’ agreements, and also on establishing family offices, private trust companies, family charities and foundations. She also helps clients with developing efficient holding structures and succession plans, not just for their personal bankable wealth but also for their real estate investments, special collections and their family businesses.

She offers a unique perspective on wealth planning as she has experience not only as a legal advisor but also as a client advisor in a private bank. Stacy was previously a managing director of the wealth advisory team of one of the top global private banks and advised high-net-worth clients on succession planning and wealth structuring. Prior to that, Stacy was a tax and private client partner in the largest full service law firm in Southeast Asia.

Besides helping clients set up family foundations and philanthropic trusts and ventures, Stacy also acts for charities, non-profit organizations and trade associations on tax, regulatory and compliance matters and she has served as charity trustees for charitable foundations.

Stacy’s knowledge of the legal landscape and also her experience in the private banking industry put her in a good position to develop a bespoke and functional solution for each client.

Stacy currently sits as a member on the Goods and Services Tax Board of Review which seeks to adjudicate disputes between taxpayers and the Comptroller of Goods and Services Tax (Inland Revenue Authority of Singapore. She is also a member of the Modern Services Sub-Committee of Future Economy Committee (FEC) (appointed by the Singapore Ministry of Finance) which seeks to identify the challenges, opportunities and to formulate guidance for the development of the modern services cluster in Singapore.

She is a regular speaker at many international conferences. She also organises training events for bankers and intermediaries to ensure that they are kept current of the latest developments in the private wealth space. And on special request, she can curate special educational sessions for family clients, often involving members from various generations (and this can be conducted in both Mandarin and English).

Languages

English
Mandarin

Education

National University of Singapore, LL.B. (Hons)