PERSONAL ATTENTION FROM PEOPLE YOU COME TO KNOW AND TRUST

About Us

Learn why we're the best at what we do and why we are regarded as one of the most innovative Trust Company.

image

A History of Legacy

Legacy Trust Company Limited (formerly known as ICS Trust) was established in 1992 in Hong Kong.

Legacy Trust Company is a Public company under the Hong Kong Companies Ordinance and registered as a Trust Company under the Hong Kong Trust Ordinance. As a leading financial and trust services provider, Legacy Trust Company offers niche alternative trust solutions to institutions, advisors and individuals and is the Trustee to various Hong Kong Occupational Retirement Schemes (“ORS”). The company’s strategy is to create a diverse of services and products that will be utilized by customers ranging from ultra-high net-worth individuals, families, and other Professional Investors.

Download Our Corporate Brochure

Core Values

Legacy Trust Company’s competitive advantage lies in its passion for its business. We are passionate about helping people to achieve their objectives—whether this be to maximize their pension assets to insure they are able to live comfortable, fulfilling lives secured by solid asset bases, or to provide innovative structures to assist entrepreneurs to achieve their corporate objectives.

Innovation - “Dedication to innovation sets Legacy apart from its competitors”

Integrity - “Legacy maintains the highest standard of integrity in all things”

Trust - “Trust is of the utmost importance to Legacy”

Growth - “Legacy is invested in the growth and development of clients’ assets”

Expertise - “Legacy brings a high level of expertise and decades of experience to the table”

Company Leadership

The principals of the company bring their business skills, experience and credentials to bear in providing a broad range of services.

Vincent Chok
Vincent Chok
Director
Managing Director | Business Development
David Nesbitt
David Nesbitt
Director
Director
Dan Horner
Dan Horner
Director
Director
Myles Morin
Myles Morin
Director
Director

Fiduciary Duty

As part of an organization where standards are high and regulations strict, our fiduciary duty includes both an obligation and commitment to fully understand the unique requirements of each trust. We will work with wisdom and diligence to achieve the balance, unique to each trust, between preserving capital, producing income and pursuing growth.

To Administer Trusts

To manage the trust in accordance with its terms for the duration of the trusteeship.


Delegation by a Trustee

A responsibility that a trustee owes to the grantor and beneficiary to personally carryout the management of trust assets and other matters that the trustee has agreed to undertake.


Furnish Information

The right of beneficiaries to receive a copy of the trust, along with detailed information including all material facts, accountings, and transactions.


Take Control of Trust Property

Ensuring proper designation and title of trust property to secure the corpus by the trustee.


Loyalty

An obligation owed by a trustee to a beneficiary that binds the trustee to act in the best interests of the beneficiary while refraining from placing their own interests above those of the beneficiary.


To Keep & Render Accounts

The trustee has the role of keeper of records and provider of transactional details.


Exercise Reasonable Care and Skills

Trustees have a duty to exercise reasonable care and skill in executing their duties and responsibilities as trustee in relation to the fact that, as a fiduciary, the trustee has the highest level of duty.


Impartiality

A trustee’s responsibility to administer a trust so as to afford each beneficiary with the same level of benefits and protection. The duty extends to current as well as successive beneficiaries.

Subsidiaries

Ichor

Ichor International Investments Ltd (pronounced “I-kor”) is a fully licensed bespoke insurance and financial planning consultancy offering personal, independent and confidential advice to individuals, corporations and family offices. Partnering with leading insurance companies, Ichor is able to obtain the best products and services for its clients including retirement planning, estate and succession planning, family protection, investment linked insurance, universal life, QROPS, business protection including key-man, public liability and professional indemnity insurance, employee’s compensation and medical insurance.

Ichor is fully licensed with the Hong Kong Professional Insurance Brokers Association (reg No. 0305) to advise on general insurance, life insurance and investment linked insurance.

Learn more about Ichor

Join Our Team

Current Positions:

Responsibilities:

  • Responsible for general reception duties including greeting guests and handling telephone calls
  • Perform office administration duties including office supplies procurement and inventory control, documents filing, office equipment repair and maintenance, mail and courier arrangement, conference room booking
  • Handle ad hoc duties as required

Requirements:

  • Diploma or higher
  • Relevant work experience is required
  • Excellent English, Mandarin and Cantonese is a must
  • Strong skills in MS Word especially Mail Merge, Excel, PowerPoint and Chinese word processing
  • Good communication and interpersonal skills
  • Punctual, responsible, organised, pleasant manner and good team player
  • Immediately available is preferred

Responsibilities:

  • Work with a Senior Manager to address institutional and corporate clients’ needs and ensure successful integration and adoption of selected solutions;
  • Serve as contact point and communication liaison, proactively fostering relationships with key clients and decision makers within aligned accounts;
  • Follow up on institutional and corporate clients’ requests or problems to ensure that they are handled properly and promptly;
  • Compose, proofread, organise, and maintain correspondence, reports, and other complex documents, including: presentations, flowcharts and spreadsheets;
  • Monitor email inbox for incoming requests from Advisors, Asset Managers and MiddleOffice staff and process them in a timely manner;
  • Address and relate MiddleOffice and Management inquiries in a timely manner to ensure service quality expectations and responsiveness are being met;
  • In conjunction with the Client Service team, represent the Company’s brand, and create a positive and professional impression at all times.

Skills and Competencies:

  • Detail oriented with strong organisational, time management, multitasking, analytical and interpersonal skills;
  • Ability to work effectively within a team and be assertive in driving successful management strategies;
  • Strong PC software application skills, including MS Office – Word, Excel, and PowerPoint. Advanced knowledge of Excel (e.g. Pivot Tables, VLOOKUP, and SUMIF functionality) is a plus;

Requirements:

  • Must possess a high level of written and spoken English, Cantonese, Mandarin;
  • Associate or Bachelor’s Degree in areas involved with Finance, Math or Financial Planning preferred, but Marketing and Economics are also acceptable. In lieu of a degree, a comparable combination of education and experience may be considered.

How to Apply?

We offer nice work environment in Central, 5-day work week and a competitive remuneration package.

If you meet the requirements, please send your detailed resume with contact telephone number, current and expected salary to HR and Admin Department.

All personal data collected would be used for recruitment purposes only and will be kept confidentially. Only short-listed candidates will be notified.

FAQ

A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.

For example, a trust can be used if a beneficiary is under age or has a mental disability that impairs the person's ability to maintain his or her own finances. Once the beneficiary is deemed able to manage the funds or assets by the terms dictated under the trust, the beneficiary will receive possession of the trust. The trust is taxed on any funds not distributed to the beneficiary.

Assets in a trust may also be able to pass outside of probate, saving time, court fees, and potentially reducing estate taxes as well.

Other benefits of trusts include:

  • Control of your wealth. You can specify the terms of a trust precisely, controlling when and to whom distributions may be made. You may also, for example, set up a revocable trust so that the trust assets remain accessible to you during your lifetime while designating to whom the remaining assets will pass thereafter, even when there are complex situations such as children from more than one marriage.
  • Protection of your legacy. A properly constructed trust can help protect your estate from your heirs’ creditors or from beneficiaries who may not be adept at money management.
  • Privacy and probate savings. Probate is a matter of public record; a trust may allow assets to pass outside of probate and remain private, in addition to possibly reducing the amount lost to court fees and taxes in the process.
  • Privacy - Trusts may be created purely for privacy. For example the terms of a will are public but the terms of a trust are not. A Trust can act as the ultimate holding arrangement in a corporate structure instead of nominees and bearer shares because as well as providing increased privacy the assets are more secure with a trustee than with a simple nominee. Trusts are generally seen as being more respectable than bearer shares and in any case bearer shares are no longer allowed in Seychelles following the amendments of the 16th December 2013.

    Spendthrift Protection
    Trusts may be used to protect beneficiaries (for example your children even after they become adults) against their own inability to handle money.
    Estate Planning
    Trusts can be used instead of wills to administer a deceased's estate.
    Charities
    In some common law jurisdictions all charities must take the form of trusts.
    Unit Trusts
    The trust has proved to be such a flexible concept that it has proved capable of working as an investment vehicle: the unit trust.
    Pension Plans
    Pension plans are often set up as a trust, with the employer as settlor, and the employees and their dependents as beneficiaries.
    Remuneration Trusts
    These are trusts for the benefit of directors and employees or companies or their families or dependents.
    Asset Protection
    The idea is for a person or a business to be completely separated from certain assets, with the intention that future creditors will not be able to attack those assets.
    Co-ownership
    Ownership of property by more than one person can be arranged as a trust. For example ownership of the family home can have both partners as beneficiaries , with one, or both, owning the legal title as trustee.
    Tax Planning
    Trusts are used for legal tax reduction or avoidance. The tax consequences of a transaction routed through a trust are usually different from the tax consequences of another route. In some cases, the tax consequences of using the trust are better than the alternatives.
    • Stocks and bonds
    • Real estate
    • Mutual funds
    • Variable annuities
    • Capital management accounts
    • Life Insurance
    • Art
    • Collectibles
    • Personal possessions; and more

    A personal trust embodies your financial plan for the future and is as unique as you are. It is tailored specifically to your needs, your circumstances, your assets and, most importantly, designed to support your goals.

    • Managing Your Financial Affairs — Trusts can help to ensure the prudent management of your finances during times when you cannot attend to your own affairs.
    • Reduction of Tax Liabilities — You can take advantage of one or more of a variety of trust arrangements that can minimize costly estate, income, and gift taxes.
    • Diversification Strategies — Trusts can be used to help individuals with large concentrations of company stock diversify their assets, achieve liquidity, and reduce risk.