Family-owned businesses in the UAE and the GCC countries are in danger of losing billions of dollars of wealth and assets due to lack of legacy or succession planning, says an expert.
Family-owned businesses in the Middle East are in danger of losing trillions of dollars of wealth and assets due to lack of legacy or succession planning, notes LPH Financial Services.
Most high-profile professionals, businessmen or High Networth Individuals (HNWIs) are currently struggling when it comes to financial planning to secure a ..
Perpetual Insurance that insures the head of the family businesses for a longer term covering certain risks, could save a potential $1 trillion worth of wealth in the Middle East in the next ten years.