Stacy Choong

Partner | Singapore

Stacy is a partner in the private client and tax team.

She 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.

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).

Secretary Hayati Ali

‘‘

She is an experienced practitioner and is good at what she does.

Chambers HNW 2016, Singapore
‘‘

She really made her name in banking and is very well versed in this area of law.

Chambers HNW 2016, Singapore

Admissions

Publications

Memberships

Talks

State of New York, 2001

‘Make Giving Better: The Role of the Community Foundation of Singapore’, Singapore Law Gazette, December 2016

‘Ninety-year-olds go into the office Everyday’, Citywealth magazine, November 2016

‘Going by the book- Investors need to be aware of the implications of Indonesia’s tax amnesty’, Business Times Wealth, August 2016, co-author

Non-Executive Independent Director, The Silent Foundation

Participated in the Focus Group on Banking, Finance & Private Wealth for the Singapore Committee on the Future Economy (CFE) leading to the issuance of the Report of the Committee on the Future Economy 2017

Speaker at the IBA 22nd Annual International Wealth Transfer Practice Conference 2017 ‘Seeking Security in a Transparent World’, March 2017

Speaker at Academy & Finance Conference: ‘Implementing AEOI/CRS in Singapore’, October 2016

Speaker, Business Family Institute @ Singapore Management University, Masterclass on Demystifying Family Office: Successful Strategies to Family and Wealth Management, July 2016

Me in a minute

It is such a joy and privilege for me to do what I do every day

I believe that my diverse background in the wealth planning industry enables me to share with my clients a broader perspective by looking at their concerns from different angles. I always aim to design and propose viable and efficient solutions that are right for each family.

I really enjoy helping my clients articulate their key objectives and wishes and to build and strengthen channels of communications across generations. I think it is such a joy and privilege for me to do what I do every day.

Perhaps growing up in a traditional hakka family where my grandfather has 3 wives (concurrently), I was constantly aware of the tension and fragility of living in an extended family, and that makes me appreciate and seek to achieve some sense of harmony and balance for people around me. I like to see the strength in everyone and the potential people can achieve by working together.

Education


Languages


  • English
  • Mandarin

Dates


Joined

2014
Partner

2014

Recognition


Singapore

80 Raffles Place,

#25-01 UOB Plaza 1,

048624

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