Participants at the launch of the private wealth practice of Udo Udoma & Belo-Osagie Law Practice recently interrogated how convergence of global tax regimes, asset mobility, and local compliance requirements continue to reshape wealth management across the country and the continent.

Themed, “Strategic wealth structuring in a globalised world: Compliance, tax, and asset protection,” the participants observed the nation’s investors can no longer rely on traditional models of cross-border wealth structuring.

The importance of separating personal and corporate wealth was also discussed. The distinction not only protects against litigation risks and business insolvency but also enhances succession planning and ensures smooth wealth transfer across generations.

The two speakers at the event include, a family business advisor Abiola Adediran and a barrister and Partner in the tax team at Edwin Coe, Morag Ofili.

Adeniran recalled, “I’ve had the privilege of working with some incredible ultra high-net-worth families and family businesses across Nigeria and Africa.

In doing so, I’ve witnessed firsthand how the right wealth structure can change the trajectory of a family or a family enterprise.”

Speaking further, she added, “I’ve also seen how failing to plan or failing to structure wealth efficiently can lead to unnecessary complications, disputes, and even the avoidable loss of assets. The need for clear, effective, and compliant wealth management strategies has never been more pressing.”

To her, the increasingly complex global tax landscape presents both challenges and opportunities for wealth owners, legal advisors, and financial planners, and it is essential to navigate this environment with both foresight and precision.

Saying strategic wealth structuring is not just about building wealth, she added it’s about creating a legacy that endures, protects, and grows across generations, ensuring that the wealth created serves one’s family, community, and future generations in the most efficient, ethical, and impactful way possible.

The Private Wealth Practice Group was established to address evolving challenges and opportunities. As wealth becomes increasingly cross-border and regulatory frameworks continue to tighten, there is a growing need for tailored, forward-looking legal and advisory services that help clients protect their long-term legacy goals.