David CHEE is a Partner in the Private Wealth and Middle East Practices.

His main practice area is private wealth, which includes wealth & succession planning, trust advisory and charity & philanthropy. He has also worked in trust companies and private banks. His experience includes advising on international tax and trust structures, insurance solutions and asset management.

In the area of trusts, David advises trustees on various matters related to trust business, such as regulatory requirements, fiduciary risk & obligations and the administration of trusts and estates. David also advises on the use of trusts in other areas such as debt restructuring, employee benefit programs, environmental restoration and rehabilitation projects and charity & philanthropy.

In the private wealth space, David works with and advises high net worth clients on all aspects of their wealth and succession planning needs such as wealth transfers from one generation to another, asset protection & preservation, family business succession, tax efficiency, philanthropy, family governance and the establishment of family offices.

David’s over a decade long experience has allowed him to build a strong network with wealth management industry players. He is also an active speaker and trainer on topics relating to trusts and wealth & succession planning. David is a member of the Law Society of Singapore and the Singapore Academy of Law.

Significant transactions that David has been involved in include advising / acting for the following:

  • A prominent Singapore company on the establishment of a philanthropic platform which has, to date, donated more than S$1 billion in endowments. He continues to advise the company in connection with the continued activities of the platform.
  • Families on the establishment of family office structures to consolidate family assets and corporatise succession. These exercises typically involve the use of private trust companies, offshore trusts, family constitutions and where relevant, applications to the authorities such as the Monetary Authority of Singapore, Inland Revenue Authority of Singapore, Singapore Exchange and Securities Industry Council.
  • Structuring and/or restructuring of trust arrangements in response to change in circumstances such as tax laws, relocation of family members, foreign ownership restrictions of property, etc.
  • Clients on planned giving, including the setting up and selection of appropriate structures or arrangements to carry out their philanthropic causes locally or overseas.
  • Clients on matters relating to the setting up and running of charities in Singapore.
  • Charities on regulatory compliance and obligations.

Related Practices

  • Middle East
  • Private Wealth

 

David is recommended as a leading lawyer in private wealth by independent publications such as Chambers High Net Worth Guide, The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession and Who’s Who Legal. He was recognised as “Private Client Lawyer of the Year” in 2016 by The Asian Lawyer Emerging Markets and one of the world’s top 250 elite lawyers advising ultra-high-net-worth clients by Legal Week’s Private Client Global Elite. David is also an endorsed individual in the area of Trusts and Estates by Best Lawyers International: Singapore 2020. He was also a listed lawyer in Singapore Business Review’s 40 most influential lawyers aged 40 and under in 2018.