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Trust structures with reserve power gain popularity: Nomura WM

As many Asian HNWIs and UHNWIs transition their businesses to the next generation, succession planning is becoming an increasingly pressing issue among families with a particular trust structure gaining popularity, says Harry Ng, Nomura’s newly appointed head of wealth planning strategy and solutions, Asia ex-Japan. “A revocable discretionary trust structure with reserve power has resonated with our clients in Asia…

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