PreceptsGroup International

We are pleased to share that our latest newsletter The Custodian Issue 29 is out! In this issue, we have an informative article on #SingleFamilyOffice #SFO by our Director for Precepts Trustee Ltd & Precepts Corporate Services Pte Ltd, Ms Jaclyn Choon. In this issue, she explains the use of a Trust to hold the Family office as well as a 13O Fund company. Do get the full article and check out our other updates in our latest issue with the below link: https://lnkd.in/gjgzYG-F

On 9th and 10th October 2023, Society of Wills Writers, UK invited our EPPL Asia's Chairman, Mr Lee Chiwi and EPPL HK's Cindy Wong as speakers for their Annual Conference 2023 in East Midlands, UK! With an attendance of more than 100 members of Society of Will Writers, the audience learnt from our speakers on Estate Planning, Wills and Trust developments in Asia in the workshops. It was a great networking opportunity for everyone to come together and learnt about estate planning, Will writing developments in the various countries!

Are you looking to expand your financial services offerings to business owners? As Singapore's population ages, business succession is now becoming a teething problem for aging business owners. Business Succession can be a complex subject with multiple types of business holdings and set up. Business Succession Planning usually consist of the following:   -Understanding the Business Structure -Identifying the possible problems and issues -Identifying the possible succession structures and instruments e.g. Buy Sell Agreements and Trust structures like Buy Sell Trust, Family Trust, Private Trust Company -Coming into agreement among shareholders and/or family members -Creating funding structures if needed through means like Insurance and/or Accumulated Profits -Putting the legal structures and agreements in place -Review on regular basis   Have you attended Precepts' Business Succession Talk for Business Owners?    Catch the following recorded video on this subject to learn about some of the basics! (Note: This is a consumer targeted talk) https://lnkd.in/gegArXYU If you like to learn the structures and strategies discussed in the talk in more details so that you can advise your client better, do join us in our upcoming class AEPP® Advanced Module: Buy Sell Arrangements for Business Owners on 31st October 2023. Register your interest here for us to get in contact with you for more details: https://lnkd.in/gYaCHeBw

How can a financial advisor get started in the competitive HNW market? How do you engage and entrench your relationships with your HNW clients through estate planning?    Our recently completed AEPP® Advanced Module is meant for participants to understand more about the various types of trusts structures like Private Trust Company (PTC), Family Office and High End Insurance products, like Universal Life (UL), Variable Universal Life (VUL) and Private Placement Life Insurance (PPLI). These instruments are used for High Net Worth and Ultra High Net Worth wealth succession planning.    This course is a great starting point for bankers, financial advisors, insurance advisors and financial services professionals to acquire the know-how to enter or to excel in the HNW market.   In this exclusive 1.5 days class, we had our esteemed trainer, Ms. Kimmis Pun, an veteran banker for nearly 40 years, sharing insights on the essentials of wealth succession elements for such clients. This course only has limited course runs per year. So if you missed the recent class, you can register your interest now for the upcoming course in November here: https://lnkd.in/gYaCHeBw