New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection

Dong Siwei

doi:doi:10.11648/j.ijefm.20210905.16

| Peer-Reviewed

New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection

Dong Siwei

Published in International Journal of Economics, Finance and Management Sciences (Volume 9, Issue 5)

Received: 28 September 2021 Accepted: 21 October 2021 Published: 29 October 2021

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

With the development of economy, the prosperity of the country, the increase of income and the prosperity of people's life, family wealth management has gradually become a part of life. Good household wealth management can not only maintain and increase wealth, but also avoid or reduce the risk of sudden wealth. In order to understand the impact of the estate administrator system on the inheritance of wealth, to eliminate the troubles of Chinese-style wealth inheritance and study the path of wealth inheritance. On May 28, 2020, the first new legal code of China was born -- the Civil Code. As a law most closely related to each individual, the draft Civil Code is the first draft law named after the code since the founding of the People's Republic of China. It is a basic standard of civil law. Based on the Civil Code, this paper considers the following three issues: the impact of the estate administrator system on the inheritance of wealth; How to support children's wealth skillfully under the new Civil Code; Marital debt system and household and enterprise debt segregation scheme. This paper introduces a new strategy of debt isolation to protect family wealth, and skillfully isolates debts through prudent use of guarantee, clever use of assets and financial assets, etc.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 9, Issue 5)
DOI	10.11648/j.ijefm.20210905.16
Page(s)	210-214
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Civil Code, Wealth Inheritance, Wealth, Household

References

[1]	Wang Geya, Civil Code, Succession: System supplement and Standard Refinement, J. Seeking Truth, 2020.
[2]	Zhao Huihui, "New Rules on Wealth" in Civil Code, J. Modern Commercial Banking, 2020.
[3]	Zhai Jiguang, The Innovation of Civil Code Succession and its Impact on the Inheritance of High Net Worth Individuals, J. China National Exhibition, 2020.
[4]	Wang Baoshi, Study on the Application of Civil Code Estate Administrator System, J. Law and Economy, 2020.
[5]	Zhang Jinhui, How to Make Good Use of "Autonomy of Will" to Preserve Wealth? -- Paying Attention to the Revision of the Marriage and Family Sections and Inheritance Sections of the Civil Code, J. China Family Business Review, 2020.
[6]	Chen Danni, My Understanding of Private Wealth Management and Inheritance in China, J. Journal of Regional Financial Research, 2013.
[7]	Li Yanshuang, A Multi-Case Study on the Formation Mechanism and Inheritance Path of Entrepreneurial Spirit, J. Scientific Decision Making, 2020.
[8]	Zhou Yanli, “Research on the Application of Insurance in Wealth Management,” J. Insurance Studies, 2019.
[9]	Zhang Juan, Insurance Demand Analysis of Chinese High Net Worth Population, J. Modern Business, 2016.
[10]	Cai Yanhui, “Manage the Life Cycle of Your Family's Wealth”, J. Economy, 2020.
[11]	Sun Huixian, “"Insurance + Trust" Wealth Management Service -- Discussion on the Development of China's Insurance Trust Industry,” J. Shanghai Insurance Monthly, 2020.
[12]	Li Xiaofei, Chen Fen, “Research on Family Wealth Management in Insurance Industry under the Background of Blockchain Technology,” J. Social Sciences in Guangxi, 2021.
[13]	Ge Lianying, Lei Jie, Research on Insurance Trust Fusion Model of Wealth Management Business Model of Insurance Company, J. China Circulation Economy, 2020.
[14]	Ye Taobao, Consensual Determination of "Joint Debt and Joint Signing Rule" of Conjugal Debt in Civil Code Era, J. Research on Rule of Law, 2020.
[15]	Li Bingbing. The Opportunity and Thinking of Lawyers to undertake Civil and Commercial Cases from the Perspective of Civil Code -- Taking the System of Estate Administrator as an Example, J. Legality Vision, 2020.

Cite This Article

Plain Text BibTeX RIS

APA Style

Dong Siwei. (2021). New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. International Journal of Economics, Finance and Management Sciences, 9(5), 210-214. https://doi.org/10.11648/j.ijefm.20210905.16

Copy | Download

ACS Style

Dong Siwei. New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. Int. J. Econ. Finance Manag. Sci. 2021, 9(5), 210-214. doi: 10.11648/j.ijefm.20210905.16

Copy | Download

AMA Style

Dong Siwei. New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. Int J Econ Finance Manag Sci. 2021;9(5):210-214. doi: 10.11648/j.ijefm.20210905.16

Copy | Download

@article{10.11648/j.ijefm.20210905.16,
  author = {Dong Siwei},
  title = {New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {9},
  number = {5},
  pages = {210-214},
  doi = {10.11648/j.ijefm.20210905.16},
  url = {https://doi.org/10.11648/j.ijefm.20210905.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20210905.16},
  abstract = {With the development of economy, the prosperity of the country, the increase of income and the prosperity of people's life, family wealth management has gradually become a part of life. Good household wealth management can not only maintain and increase wealth, but also avoid or reduce the risk of sudden wealth. In order to understand the impact of the estate administrator system on the inheritance of wealth, to eliminate the troubles of Chinese-style wealth inheritance and study the path of wealth inheritance. On May 28, 2020, the first new legal code of China was born -- the Civil Code. As a law most closely related to each individual, the draft Civil Code is the first draft law named after the code since the founding of the People's Republic of China. It is a basic standard of civil law. Based on the Civil Code, this paper considers the following three issues: the impact of the estate administrator system on the inheritance of wealth; How to support children's wealth skillfully under the new Civil Code; Marital debt system and household and enterprise debt segregation scheme. This paper introduces a new strategy of debt isolation to protect family wealth, and skillfully isolates debts through prudent use of guarantee, clever use of assets and financial assets, etc.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection
AU  - Dong Siwei
Y1  - 2021/10/29
PY  - 2021
N1  - https://doi.org/10.11648/j.ijefm.20210905.16
DO  - 10.11648/j.ijefm.20210905.16
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 210
EP  - 214
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20210905.16
AB  - With the development of economy, the prosperity of the country, the increase of income and the prosperity of people's life, family wealth management has gradually become a part of life. Good household wealth management can not only maintain and increase wealth, but also avoid or reduce the risk of sudden wealth. In order to understand the impact of the estate administrator system on the inheritance of wealth, to eliminate the troubles of Chinese-style wealth inheritance and study the path of wealth inheritance. On May 28, 2020, the first new legal code of China was born -- the Civil Code. As a law most closely related to each individual, the draft Civil Code is the first draft law named after the code since the founding of the People's Republic of China. It is a basic standard of civil law. Based on the Civil Code, this paper considers the following three issues: the impact of the estate administrator system on the inheritance of wealth; How to support children's wealth skillfully under the new Civil Code; Marital debt system and household and enterprise debt segregation scheme. This paper introduces a new strategy of debt isolation to protect family wealth, and skillfully isolates debts through prudent use of guarantee, clever use of assets and financial assets, etc.
VL  - 9
IS  - 5
ER  -

Copy | Download

Author Information

Dong Siwei

School of Accounting, Shandong Technology and Business University, Yantai, China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Dong Siwei. (2021). New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. International Journal of Economics, Finance and Management Sciences, 9(5), 210-214. https://doi.org/10.11648/j.ijefm.20210905.16

Copy | Download

ACS Style

Dong Siwei. New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. Int. J. Econ. Finance Manag. Sci. 2021, 9(5), 210-214. doi: 10.11648/j.ijefm.20210905.16

Copy | Download

AMA Style

Dong Siwei. New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection. Int J Econ Finance Manag Sci. 2021;9(5):210-214. doi: 10.11648/j.ijefm.20210905.16

Copy | Download

@article{10.11648/j.ijefm.20210905.16,
  author = {Dong Siwei},
  title = {New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {9},
  number = {5},
  pages = {210-214},
  doi = {10.11648/j.ijefm.20210905.16},
  url = {https://doi.org/10.11648/j.ijefm.20210905.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20210905.16},
  abstract = {With the development of economy, the prosperity of the country, the increase of income and the prosperity of people's life, family wealth management has gradually become a part of life. Good household wealth management can not only maintain and increase wealth, but also avoid or reduce the risk of sudden wealth. In order to understand the impact of the estate administrator system on the inheritance of wealth, to eliminate the troubles of Chinese-style wealth inheritance and study the path of wealth inheritance. On May 28, 2020, the first new legal code of China was born -- the Civil Code. As a law most closely related to each individual, the draft Civil Code is the first draft law named after the code since the founding of the People's Republic of China. It is a basic standard of civil law. Based on the Civil Code, this paper considers the following three issues: the impact of the estate administrator system on the inheritance of wealth; How to support children's wealth skillfully under the new Civil Code; Marital debt system and household and enterprise debt segregation scheme. This paper introduces a new strategy of debt isolation to protect family wealth, and skillfully isolates debts through prudent use of guarantee, clever use of assets and financial assets, etc.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - New Thinking of Wealth Management Under Civil Code Implementation - Based on Family Risk Identification and Legal Protection
AU  - Dong Siwei
Y1  - 2021/10/29
PY  - 2021
N1  - https://doi.org/10.11648/j.ijefm.20210905.16
DO  - 10.11648/j.ijefm.20210905.16
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 210
EP  - 214
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20210905.16
AB  - With the development of economy, the prosperity of the country, the increase of income and the prosperity of people's life, family wealth management has gradually become a part of life. Good household wealth management can not only maintain and increase wealth, but also avoid or reduce the risk of sudden wealth. In order to understand the impact of the estate administrator system on the inheritance of wealth, to eliminate the troubles of Chinese-style wealth inheritance and study the path of wealth inheritance. On May 28, 2020, the first new legal code of China was born -- the Civil Code. As a law most closely related to each individual, the draft Civil Code is the first draft law named after the code since the founding of the People's Republic of China. It is a basic standard of civil law. Based on the Civil Code, this paper considers the following three issues: the impact of the estate administrator system on the inheritance of wealth; How to support children's wealth skillfully under the new Civil Code; Marital debt system and household and enterprise debt segregation scheme. This paper introduces a new strategy of debt isolation to protect family wealth, and skillfully isolates debts through prudent use of guarantee, clever use of assets and financial assets, etc.
VL  - 9
IS  - 5
ER  -

Copy | Download