Succession planning is often the “elephant in the room” in Asian HNW families: everyone agrees there should be a conversation, but because of the sensitivity of the issue, the conversation is always delayed. “More generally speaking, wealthy families’ attitude towards succession planning is one of procrastination,” observed Gary Tiernan, managing partner of the Singapore-based multi-family office Golden Equator Wealth. He…
FOs play key role in professionalising succession planning: Golden Equator Wealth
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