May 05, 2020

Succession Planning

Succession planning has always been important but it has been underpinned, like never before, in the wake of coronavirus. COVID-19 has not only raised concerns about health and safety, but also about wealth preservation, estate and succession planning.



With so many uncertainties around and people being at home, we see many taking the initiatives to preserve as well as passing on their wealth to their family members.



However, it is important to craft a proper succession strategy which will address, at a practical level, all the relevant issues such as financial, legal, tax, control and confidentiality.



With the right structure and governance in place, your family and you will be able to navigate the current pandemonium and future crisis situations.



If you would like to have a better insight on succession planning and how we can add value, please feel free to contact the Business Development Team by email bd@mitcoworld.com

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