by iBrilli Admin | Jun 7, 2023 | Insight
If the beneficiary is under 18 years old, a guardian arranged by the policyholder will receive and manage the insurance payout on behalf of the beneficiary until he/she comes of age. If the guardian is negligent or manages the funds improperly, abusing the insurance...
by iBrilli Admin | Jun 6, 2023 | Insight
Many people buy insurance to protect their children’s future, but have you ever thought about what would happen if insufficient wealth planning will lead to children’s profligacy and quickly spend the large sum of insurance money they inherit after you...
by iBrilli Admin | May 30, 2023 | Insight
What is an insurance trust? An insurance trust is a wealth transfer tool that combines life insurance and trusts. The insurance policy serves as the trust asset,with the trust company serving as the policyholder and the beneficiary of the life insurance. The client...
by iBrilli Admin | Nov 8, 2022 | Insight
Tax rates in some key jurisdictions (Up to October 2022) Please note: Under certain specified conditions, some taxes may be exempted according to tax rules of the jurisdiction. please note tax rules and tax rates are subject to change. If required, please consult...
by iBrilli Admin | Nov 8, 2022 | Insight
Income Tax (Personal) Also called salaries tax,it is a tax imposed on a taxpayer in respect of the income earned by them.The definition of taxable income and the percentage tax rate will be different in each jurisdiction. Profits Tax (Corporate) Corporate...
by iBrilli Admin | Nov 2, 2022 | Insight
Tax resident equals worldwide tax? Not necessary!Some countries (regions) will levy tax on your worldwide incomebut not the the following countries (regions). For example: Hong Kong SAR, Singapore, United Arab Emirates … Please note...
