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WealthBT: How to achieve seamless wealth transfer (Ep 20)

Howie Lim YH
Published Mon, Nov 28, 2022 · 05:50 AM
    • Find out how much planning goes into succession or wealth transfer from Angie Han, head of wealth planning at Pictet Wealth Management.
    • Find out how much planning goes into succession or wealth transfer from Angie Han, head of wealth planning at Pictet Wealth Management. BT Design

    Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua.

    Can transferring your wealth to the next generation really be easy? The issue of succession or wealth transfer requires a lot of thought and planning and wealth editor Genevieve Cua speaks to Angie Han, head of wealth planning for South Asia from Pictet Wealth Management for more insights.

    This episode is brought to you by Pictet Wealth Management.

    Highlights (click/tap above):

    01:30 How much wealth involved in the intergenerational wealth transfer in Asia

    03:10 Planning is required for wealth transfer: some considerations

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    06:15 How family offices help in wealth structuring and transfer

    08:23 What a seamless wealth transfer means

    10:03 A will alone may not suffice; role of trusts

    11:50 Why 70% of intergenerational wealth transfers fail

    14:45 How philanthropy helps to keep families engaged

    Produced by: Genevieve Cua (gen@sph.com.sg) & Howie Lim

    Edited by: Howie Lim

    More about:

    Pictet Wealth Management Asia

    Asian family offices multiplying Asian family offices’ challenges

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