Zhong Yin (Nanjing) legal team has been invited by Sinatay Life Insurance Co. Ltd to conduct lectures about wealth succession to about 200 Sinatay elites in Phoenix City Hotel Guangzhou.

Part of Zhong Yin (Nanjing) wealth succession legal team members.

During the first lecture, Mr. Ping Li revealed the 16 potential risks objectively existed in the procedures of family wealth succession. Mr. Ping Li quoted the true case facts to prove that “ the biggest risk in life is the one that cannot be seen”. He then used Wenzhou railway accidents and Malaysian Airlines accidents as examples. When unexpected risks come in a sudden, wealth will not bring about peace but the distortion of family affection.

the meeting hall is full of audience

Tranfer of wealth is also the transfer of love. Mr. Ping Li used true cases with relevant legal statutes to analyze the four main methods of wealth succession, namely will, insurance, trust and entrust. He also evaluated them with their respective characteristics and advantages. For will, it does not only have the function of ‘property lists’, parents can also leave comments about reflections on life and relative experience to children through the will, thus the will is elevated from a merely legal tool to conduct love. For insurance, it has the unique advantage of legitimate tax avoidance and the function of ‘wealth leverage’. A perfect path for wealth succession can be found if we can have reasonable arrangements，fully utilize the four tools and combine them to give the optimal effects.

Many useful information and skills have been delivered to the audience during the 2-hour-lecture. Zhong Yin (Nanjing) lawyers would have more cooperation with the clients from insurance and trust industries and deliver idea of wealth succession to the public in the future.

Link：Sinatay Life Insurance Co. Ltd is the national insurance company approved by the China Insurance Regulatory Commission and registered on 18 May 2007. Having its headquarter in Hangzhou, the company has registered capital of 3.529 billion yuan, capable of operating all kinds of personal insurance business. Sinatay Insurance aims to become China’s leading regulated and vibrant financial holding group, adheres to the ‘integrity, diligence, innovation and response’ values.