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Family Business Succession Planning in Asia – Retaining Control -Asian Wealth Management and Asian Private Banking

No matter what the surrounding contextual circumstances may be, a global pandemic, for instance, one consideration that remains pertinent to all those who find themselves at the helm of a family business is the matter of succession planning. And as the Coronavirus has only gone on to demonstrate, it does not hurt to be prepared for unforeseen scenarios or black swan events. In regard to this salient consideration, global offshore law firm Harneys’ Henno Boshoff elucidates on the numerous solutions available to the heads of Asia’s family businesses, breaking down their merits, and ultimately how each of these options facilitate the undisputedly important task of succession planning.

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