Strategic Wealth Planning

This report emphasizes the urgency of strategic wealth planning for ultra-high-net-worth families to manage a massive $124 trillion intergenerational wealth transfer. It explores legal structures like trusts and family offices to mitigate risks associated with cross-border assets and digital investments.

Key Takeaways

• 1.An estimated USD 124 trillion is expected to pass to future generations globally by 2048, yet nearly 90% of families lose their wealth by the third generation without planning.
• 2.Adoption of structured wealth succession is low in Asia, with only one in five families having arrangements in place.
• 3.Effective wealth planning utilizes advanced structures like Trusts, Family Offices (SFO/MFO), and Private Trust Companies (PTCs) to manage complexity and provide governance.

Table of Contents

• Need for wealth planning
• What and why of wealth planning?
• Wealth planning structures
• Trust structures
• Different parameters of living trusts
• Family office
• Foundations
• Venture Capital Company (VCC)
• Private Trust Company (PTC)
• Asset protection strategies within wealth planning
• Insurance solutions that support wealth transfer
• Cross-border considerations
• Conclusion

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