The Straits Times Podcasts S1E20: How to achieve seamless wealth transfer: WealthBT Ep 20
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 bottom line is: the issue of succession or wealth transfer requires a lot of thought and planning. 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
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
https://www.pictet.com/sg/en/insights/asia-s-family-offices-multiply
Asian Family Offices Overcoming Challenges
https://www.pictet.com/sg/en/insights/asian-families-on-a-steep-learning-curve
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