Summary

Chinese clients living in China and here in Canada turn to BLG’s Vancouver office and its Global Wealth Management and Structuring Team for our expertise in multigenerational tax efficient asset preservation and estate and succession planning for high net worth families.  With years of experience advising families in Asia, North and South America, Middle East and Europe, our Global Wealth Management and Structuring Team offers comprehensive and flexible solutions to serve clients effectively in their personal circumstances.

BLG Vancouver’s Global Wealth Management and Structuring Team offers, as part of the Family Wealth Counsel Focus Group, a full range of Canadian legal advice and international consulting services, investment/mergers and acquisition advice, tax advisory, asset protection and family governance services which serve and meet the needs of those individuals and families who are tax resident in Canada and those individuals and families who are tax resident abroad.  Our team looks forward to assisting you in designing and implementing an appropriate holistic global estate plan which is custom-tailored to your particular circumstances and long-term objectives.

Rankings & Recognition

  • Largest law firm in Canada according to the 2014 American Lawyer Global 100 List.
  • Chambers Global – The World’s Leading Lawyers for Business recognizes 61 BLG lawyers in its 2014 edition.
  • The 2015 edition of the Legal 500 Canada recognizes 41 BLG lawyers.
  • For seven years in a row, BLG has the most lawyers selected by their peers for inclusion in the 2015 edition of TheBest Lawyers in Canada®.
  • Global Capital names BLG the Canada Law Firm of the Year for Derivatives in 2014.
  • The 2014 Canadian Legal Lexpert® Directory ranks 199 BLG lawyers across 52 areas of law.
  • BLG advises on the 2013 North American Public Private Partnership (PPP) Deal of the Year by Project Finance Magazine.
  • 28 BLG lawyers are recognized as leading practitioners in the 2015 Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada.
  • 57 BLG lawyers featured in Who’s Who Legal: Canada 2014.
  • BLG is the go-to firm for cross-border legal expertise with 10 lawyers included in the 2014 Lexpert® Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada and 21 lawyers listed in the 2014 Lexpert® Guide to the Leading US/Canada Cross-Border Litigation Lawyers in Canada.
  • BLG receives a gold ranking in the 2014 edition of World Trademark Review 1000 - The definitive guide to trademark legal services. This is the publication’s highest rating.
  • BLG is ranked Highly Recommended in the provinces of Alberta, British Columbia, Ontario and Québec in the 2014 edition of Benchmark Canada: The Definitive Guide to Canada’s Leading Litigation Firms & Attorneys. The publication also acknowledged thirty-nine of the firm’s practitioners as Litigation Stars in its annual roundup of top Canadian litigators.
  • As of January 1, 2015, BLG has 213 Peer Review Rated Lawyers in Martindale-Hubbell®.
  • BLG has been recognized as a leading firm in six practice areas in the 2016 edition of IFLR 1000 – The Guide to the World’s Leading Financial Law Firms:   banking, capital markets, financial services regulatory, mergers and acquisitions, project finance and restructuring and insolvency.

Representative Work

  • Advised on and implemented holistic global estate plans for a number of HNW and UHNW families for asset protection, tax minimization, family governance and inter-generational transfer of the family wealth to the next generation where the family wealth ranged from CAD50M to CAD3.5 billion.
  • Advised on and implemented global succession and estate plans using Trusts and Anstalten (Foundations) for Canadian members of Chinese HNW and UHNW families where the members of that family reside for tax purposes in Canada, in China and in other countries.
  • Advised on and implemented an innovative estate plan for a Canadian family having assets over CAD200 million whereby Canadian taxes upon death or a departure from Canada may be minimized.
  • Created corporate and trust structures to successfully transfer wealth in a tax-efficient manner to successive generations while maintaining control with the family’s business leaders without any Canadian connection.
  • Advised on and implemented a corporate reorganization for a wealthy Canadian individual whereby his capital losses could be monetized by his private company.
  • Advised on and implemented non-resident trust structures for new immigrants to Canada whereby Canadian taxes could legally be minimized or avoided and capital may be repatriated to Canada without taxation or reporting.
  • Represented and assisted an offshore financial institution with a court application outside Canada but with the agreement of the Canada Revenue Agency to minimize the Canadian taxation of a non-resident trust of which the institution was the trustee.
  • Advised on and implemented tax-efficient offshore structures of non-residents of Canada for investment in Canadian real estate projects with costs of up to CAD300M.
  • Advised on and implemented asset protection and family governance plans for a number of HNW and UHNW families in South East Asia and the Middle East who have no connection to Canada as part of a team of advisers or as leader of the team of advisers.
  • Represented UHNW families to avoid severe fines and penal sanctions through voluntary disclosures to Canadian tax authorities.
  • Advised UHNW families to correct various deficiencies in their trusts and corporate structures through the strategic use of rectifications or the application of the principles of Hastings v. Bass.
  • Developed innovative multiple wills strategies that have allowed our clients in British Columbia and Ontario to save significant probate fees.
  • Created corporate and trust structures to successfully transfer wealth in a tax-efficient manner to successive generations while maintaining control with the family’s business leaders.
  • Acted for Canadian and U.S. citizens on the cross border tax implications of their trust and estate plans, including the use of trusts to hold U.S. real property or securities.
  • Advised donors and charitable foundations on the implications of various gifting and investment strategies including gifts of flow through and publicly listed securities, the use of trusts to hold limited partnership interests, loans and guarantees by foundations and related social enterprise businesses.
  • Advised on multiple wills and conflict of law issues involving the law of succession of Quebec and of Spain.
  • Advised high net-worth individuals and professional athletes with respect to estate and marriage planning.
  • Assisted executors in international multi-million dollar estate and trust administration and settlement.