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 ([email protected]) & Howie Lim Edited by: Howie Lim More about: Pictet Wealth Management Asia https://asia.group.pictet/ 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 Follow WealthBT podcasts and rate us at: Channel: http://bt.sg/btwealthbt Apple Podcasts: http://bt.sg/wbAP Spotify: http://bt.sg/wbSP Google: http://bt.sg/wtGO SPH Awedio app: https://www.awedio.sg/ Website: http://bt.sg/wealthbt Feedback to: [email protected] Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Money Hacks Podcast at: https://bt.sg/btmoneyhacks BT Mark To Market Podcast at: http://bt.sg/btmark2mkt BT Podcasts at: http://bt.sg/pcOM PropertyBT at: http://bt.sg/btpropertybt BT Market Focus at: http://bt.sg/btmktfocus BT Branded Podcasts: http://bt.sg/btbrpod #BTPodcastSee omnystudio.com/listener for privacy information.