November 21, 2024
Publication: Citywealth
Kobre & Kim’s Emily Beirne shared with Citywealth her perspectives on the recent surge of interest in trusts and foundations regimes in the Abu Dhabi Global Market (ADGM) and Dubai International Financial Centre (DIFC). The piece gathers insight from several experts in the region as it investigates the rise of Dubai as an international financial hub for ultra-high-net-worth individuals.
“For individuals already in the region, we anticipate that this interest will continue to grow as awareness and acceptance increases of how these structures support long-term succession planning, particularly in comparison to traditional local inheritance and succession laws,” shared Mrs. Beirne.
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