By Marc Farror Director Vistra (Jersey) Limited
Jersey structures are ideal vehicles for ensuring that assets
are protected and for enabling wealthy individuals to determine
exactly who inherits which assets going forward.
In Hong Kong, when you mention the high profile names of Dr
Stanley Ho and Nina Wang, almost everyone will be able to regale
you with stories about how Dr Ho allegedly lost his $3bn casino
empire and how Nina Wang's feng shui expert purportedly tried
to claim her $4.2bn fortune. In Dr Ho's case, it is suggested
that the main cause of the trouble was when he fell ill, his share
of SJM Holdings was fought over and divided up amongst his family
comprising at least 4 wives and 17 children. It had reportedly been
Dr Ho's intention to pass his share of SJM to his second and
third wives. For Nina Wang, her feng shui expert allegedly claimed
that they had had an affair for years and it was Nina Wang's
intention to leave him a substantial share of her
