Succession in a family run business can be tough and yet critical to the success of the business, and this challenge is especially profound in Asian Families. Indeed, there are many complex considerations that need to be addressed to ensure the smooth transition of a family business, and the key consideration is the structural solution which not only supports the needs of the business but also that of the family.
This masterclass will give an overview of the common issues faced by families when it comes to
legacy and succession planning and how to utilise a private foundation as part of the “succession
tool box”. To complement the presentations, an interactive panel session will share their real-life
experiences ranging from best practices, the importance of identifying the next generation leadership,
generational communication issues and why the private foundation could be a key element in
ensuring the success of any succession plan.
Come and join us to better understand how to best structure a lasting succession plan via unique solutions and structures available both onshore and offshore, whilst ensuring business continuity and growth.