Planning for Intergenerational Wealth Transition: Ensuring Trusts Deliver Smooth Succession and Positive Outcomes
For many years, family trusts have been used as a cornerstone of estate planning and holding financial wealth.A massive intergenerational transfer of financial wealth is currently underway from the Baby Boomer generation. Much of that wealth is held in family trusts.
Each trust and each family is unique. Lifetime and post-death transitions need to be carefully planned to ensure a smooth and orderly succession of assets. Where that financial wealth is held in trust, other complexities arise:
When trust transitions go well, trust beneficiaries can flourish. When they go poorly, the resulting hurt can negatively impact generations for years to come.NOW is the time for ensuring trusts and forward plans are up to date and will practically work to ensure the required outcomes are delivered.
In this webinar, Lindsay will share observations, ideas, and tips from a 45-year career of professional trusteeship and guiding private families, trustees, and advisers in transitioning intergenerational wealth.
Suitable for:
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Independent Adviser to Families and Trustees
Lindsay provides independent advice to professional advisers, private families and trustees on trust governance and transitioning intergenerational wealth. He serves as President of the Estate & Taxation Planning Council of New Zealand and as Dean of the Trustscape with the Purposeful Planning Institute in the USA.
