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Ultra-rich families focus on impact ‘across generations’ in legacy planning (www.scmp.com)

submitted 5 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Ultra-high-net-worth (UHNW) families are putting greater focus on legacy planning to create sustainable impact for future generations amid growing uncertainty and vast fortunes shifting to younger heirs, according to participants in a Standard Chartered event in Dubai focused on family offices. The emphasis among such families was changing from wealth preservation towards a strategic repositioning of family-office locations, governance structures, succession planning and decision-making,...

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