You are here

Consider using universal life insurance in succession planning

Mr Lee: "A succession plan is necessary for the smooth transfer of wealth to heirs and the continued success of your business, especially if your children are involved in the business."

A LARGE portion of Asia's economic success can be attributed to entrepreneurs, a majority of whom are very hands-on in managing their businesses. While this ensures a strong commitment to the business, it is just as important to plan for the continuity of the business when it is passed on to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to