Family Succession Beyond the Will
Executive Summary
In this episode, GloryHouse Wealth Management CEO Garth Hu speaks with Beibei Han, Partner and Head of Asian Business at Grant Thornton Australia, to explore the often-overlooked trust, tax, estate planning and asset protection issues behind family succession.
Why are some families able to preserve wealth across generations? Are assets held in a family trust truly protected? How can changes in marriage affect wealth distribution? And why do many wills become disconnected from the reality of a family’s assets and circumstances by the time they are needed?
Drawing on years of experience in cross-border tax and family structuring, Beibei shares the real challenges high-net-worth families often face when planning for succession. As she notes in the conversation, silence around tax structures and asset arrangements can itself become a source of risk.
True family succession is never only about distributing wealth. It is about long-term planning, risk management, family communication and the continuation of responsibility across generations.
Disclaimer
This video has been prepared by GloryHouse Wealth Management Pty Ltd (ACN 690 671 606), Corporate Authorised Representative (CAR) of GloryHouse Investments Pty Ltd (ACN 690 671 553, AFSL 700198). The content in this video is provided for informational purposes only and does not constitute financial, investment, legal or tax advice. This material is intended solely for wholesale clients as defined under section 761G of the Corporations Act 2001 (Cth) and is not intended for retail clients. Any views expressed are general in nature and do not take into account your personal objectives, financial situation or needs. All investments involve risk. Past performance is not a reliable indicator of future performance.
