Shinyoung Securities Recommends ‘APEX Marriage and Childbirth Trust’

Shinyoung Securities recommended the ‘APEX Marriage and Childbirth Trust’ for customers who wish to celebrate and support their children’s and grandchildren’s marriages and childbirths.

By utilizing the newly established marriage and childbirth gift tax exemption this year, it is now possible to provide financial support of up to 150 million KRW without tax burden when gifting within 2 years before or after marriage or within 2 years after childbirth. Newlyweds can secure up to 300 million KRW by combining contributions from both sets of parents.

Oh Young-pyo, Head of the Heritage Solutions Division at Shinyoung Securities, explained, “The APEX Marriage and Childbirth Trust was designed with the hearts of parents eagerly awaiting their children’s marriage and childbirth news. It is a product that not only prepares funds for marriage and childbirth in advance but also allows planning support for future grandchildren. While giving money directly may be just pocket money, entrusting it through a trust can become future funds for the grandchildren.”

Shinyoung Securities introduced, alongside the ‘APEX Marriage and Childbirth Trust,’ family lifecycle management services that combine asset management and succession tailored to family composition and plans, including ▲APEX Fetus Trust ▲APEX Gift Safety Trust ▲APEX Family Service Trust.

The ‘APEX Fetus Trust’ is a product that embodies the joy of future grandparents who want to celebrate pregnancy and prepare support funds in advance for their unborn grandchildren. The ‘APEX Gift Safety Trust’ allows for pre-gifting to enjoy reduced tax burdens from property value appreciation while planning and supporting future necessary funds such as education and housing for children and grandchildren.

The ‘APEX Family Service Trust’ is a trust that provides customized support for each life stage such as children’s marriage, pregnancy, and childbirth, and plans for the future from education to independence so that grandchildren can achieve their dreams. It offers comprehensive services including support plan design and execution, portfolio management, and fund operation management tailored accordingly.