STEP Arabia To Hold Estate Planning Conference In Dubai

by Phillip Morton, Investors Offshore.com

01 March 2005

The Society for Trust and Estate Practitioners (STEP) is to hold a conference in Dubai later in the year designed to address key issues that are faced by private investors of the United Arab Emirates when conducting personal investments.

According to STEP Arabia, investors located in the GCC (Gulf Council Countries) have invested more than $1 trillion of private money in overseas markets, and the object of the conference, entitled ‘Sharia and Trusts: Working in Harmony,’ will seek to educate investors on the significance of careful estate and trust planning, focusing particularly on the mitigation of inheritance tax.

The conference, which is being held on the 17th and 18th of May 2005, will bring together several experts in the fields of trust and estate management from the region and internationally who will cover a range of investment, tax and estate management subjects.

Speakers include Dr Habib Al Mulla, (Chairman for the Regulatory Council of the Dubai Financial Services Authority and Head of Habib Al Mulla & Co); Richard Pease, (Lenz and Staehelin) and Paul Clifford, (Clifford Chance UAE).

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