Succession planning: Keeping it in the family
Agnes Au-Yeung, head of family office services and family wealth advisory at HSBC Private Bank, talks about succession planning in Asia.
When people think about succession planning, they usually think about setting up trusts. But a trust may not be they way to achieve the underlying objective of the client. What other options are there
Agnes Au-Yeung I look at succession planning where there is a family business as a two-fold process ownership transfer and management or leadership transition. Families need trusts for ownership transfer planning, but trusts, depending on the type and structure, may not achieve business succession planning for...
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