Withers Worldwide

• Education: National University of Singapore, LLB (Hons) • New York University School of Law, LLM (Tax)
• Admitted: New York and Singapore, 1999
• Languages spoken: Mandarin
• Year joined: 2005

Overview

Kenny Foo focuses his practice on serving the wealth structuring, tax planning and succession needs of wealthy families around the world. These families typically have members, investments, assets and concerns that span multiple countries, and therefore need sophisticated cross-border tax and trust advice. This often includes advice on structuring trusts and investments with connections to the United States. Kenny is also often called upon to advise financial institutions on regulatory and strategic issues in Singapore.

Highlights

• Establishing foreign grantor trusts for European and Asian families wishing to benefit U.S. persons.
• Establishing multi-trust structures in Singapore and New Zealand for Latin American families.
• Structuring Singapore trusts for European families to achieve tax-free or taxable status, as family planning needs dictate.
• Advising a Hong Kong family that is relocating to Singapore on tax and trust related issues.
• Advising European financial institutions on regulatory matters relating to private banking and trust operations in Singapore.

Publications and speaking engagements

•  'Singapore: The Safe Harbor for International Private Clients' Transcontinental Trusts Conference (forthcoming, June 2008)
• 'Four International Markets for Singapore Trust Structures' STEP Asia Conference (2007)
• 'Offshore: East or West?' Withers LLP Private Client Conference (2006)
• 'Choosing a Jurisdiction for Your Offshore Trust' MGI Global Family Office Conference (2006)
• 'The Use of Singapore in International Wealth Planning', MGI Asia Family Enterprise & Family Office Conference (2006)
•  'Planning for the EU Savings Directive', Academy & Finance SA (2005)

Memberships

• Law Society of Singapore
• Singapore Academy of Law
• Singapore Trustees Association
• New York State Bar Association