Partner
Wei is a private wealth expert, guiding high net worth families through complex estate planning and succession challenges.
Languages - English, Mandarin
Jurisdictions - Hong Kong and British Columbia, Canada
Wei Kang is a seasoned private wealth and global estate planning lawyer based in Stephenson Harwood's Hong Kong office. She advises high net worth families and trustees on intricate matters such as family trusts, Canadian tax, and succession planning across jurisdictions. Her clients, ranging from entrepreneurs to listed company founders, rely on her strategic insight and practical solutions to safeguard their wealth and ensure smooth generational transitions.
Wei's expertise includes private wealth structuring advisory work, designing and implementing family governance structures, pre-immigration planning, and philanthropic foundation planning. She navigates the complexities of multi-jurisdictional tax and legal issues, providing clients with comprehensive plans that address both onshore and offshore considerations. Her ability to integrate legal acumen with a deep understanding of fiduciary risks makes her a trusted advisor for many clients.
Clients value Wei's holistic approach and her commitment to delivering tailored advice. Her dual qualifications in Hong Kong and British Columbia, coupled with her experience in a leading Canadian law firm and a global bank, equip her with a unique perspective on international wealth planning. She has completed the In-Depth Tax Course of Chartered Professional Accountants of Canada and is a member of STEP.
Philanthropic foundation setup
Advised the high profile founder of a Hong Kong listed company on the design, set up and operation of his philanthropic foundation.
Family office setup
Advised a single family office to set up a number of family trusts for an ultra high net worth individual, including a trust for the purpose of holding a private jet.
Cross-border reorganization
Acted as lead counsel for the corporate reorganization for an ultra high net worth family involving family members in Hong Kong, Canada and Japan and real estate assets in Canada, the U.S. and Hong Kong to facilitate succession of wealth.
Pre-immigration asset protection
Advised on and implemented a holistic global asset protection plan for an ultra high net worth family from Hong Kong prior to their immigration to Canada
Family governance advisory
Regularly provide family governance consulting and prepare family charters for high net worth families in P.R.C. and Southeast Asia.
Multi-generational reorganization
Implemented a complex corporate reorganization for the second and third generation of an ultra high net worth family involving more than five family branches.
Family governance and succession structuring
Advised the founder of a Hong Kong Listed company on the restructuring of the ownership of his listed company shares and setting up a family governance structure to pass control to second generation.
Pre-IPO asset protection
Advised on and implemented a holistic asset protection structure for an ultra high net worth family prior to the IPO of a company in Nasdaq.
Franchise trust structuring
Advised a global restaurant chain on the use of trust to structure its franchisees in southeast Asia.
Cross-border trust setup
Provided Canadian tax advice for one of the largest mainland P.R.C. banks in setting up P.R.C. onshore trusts with Canadian resident beneficiaries.