Alan Wong - Wealth Without Worry

It is happening today in Hong Kong. Our Principal Consultant as guest speaker in Estate Planning & Wealth Succession Asia Forum 2024.

Tomorrow, our principal consultant is honored to share expert insights on buy-sell agreements with the insurance association.

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In Sg it will be different. The baby boomers will leave behind a large legacy for their next generation but have they planned the transfer?
Source : The Straits Times 14th April 2024.

Alan Wong - Wealth Without Worry I am a Veteran Financial Consultant with 20 over years experience.

I started my company, W3 Consul

Disputes over properties or businesses are more common than conflicts over liquid asset. This trend often stems from the emotional attachment, financial value, and potential for future earnings associated with properties and businesses, making them more contentious subjects during disagreements or inheritance discussions.

Source: The Straits Times.

Competition is heating up between HongKong and Sg.

Exclusive | Hong Kong key to Citigroup’s Asia wealth business expansion plan Citigroup will use Hong Kong as a hub to expand its wealth management business in the Greater Bay Area and Asia, which is set to become the fastest-growing region globally, according to global wealth head Andy Sieg.

The shattering of the old record signifies a pivotal moment. I genuinely believe that Singapore will have its time to shine. With our industry's unwavering dedication to enhancing technical knowledge in Estate Planning, I am confident in our capabilities. I hold the belief that I will personally witness this happening in Singapore one day. Looking forward to it.

Guinness World Records: HSBC Life clinches title with US$250 million insurance policy sale in Hong Kong Hong Kong's insurance market has added a unique feather to its cap after HSBC Life made history with the sale of a world record US$250 million life policy. The policy, which was sold this year, was certified by Guinness World Records this week, overtaking a US$201 million coverage bought by a tech b...

Our Principal Consultant was invited to be the guest speaker to present on the utilisation of Business Value Protection Trust in the context of Buy-Sell Arrangement for Hong Kong Estate Planners. The use of trusts to address buy-sell scenarios is rarely explored in Hong Kong.

Alan Wong - Wealth Without Worry I am a Veteran Financial Consultant with 20 over years experience.

I started my company, W3 Consul

As the winds of economic fortunes gather strength and blow steadily toward our shores in the financial industry, the question beckons: Is our ship meticulously prepared to harness and navigate this promising opportunity? Now is the time to ensure our sails are unfurled with precision, our compass calibrated to the changing tides, and equipped with the knowledge and expertise to seize this opportunity.
Source: The Straits Times 15th Feb 2024.

Our principal consultant has completed and conducted the training for this latest cohort of Associates in Estate Planning Practitioners program. He has imparted valuable insights and have openly shared his technical expertise with this special group from Virtu Associates. The potential in the estate planning field remains largely untapped, and it is now in the hands of the attendees to explore and capitalize on these opportunities.

By special request, an exclusive session for our friends in AAG. Thank you for dedicating 2 whole days to attend my Buy-Sell training.

Setting up a trust to preserve our wealth for future generation is not a complicated process. Wealth can either be a force for harm or a source of upliftment for future generations. This present generation must earnestly strategize how to pass down their wealth without perpetuating harm.

What Is A Trust, And Should You Build Your Wealth Through A Trust In Singapore Trusts can be accessible and affordable even for the man on the street - especially for protecting assets and distributing regular income to beneficiaries.

Another case of siblings fighting over properties. Typically, they fight over their family business or properties. Do we hear of cases where they fight over liquid assets among family members? Is it the type of asset class that we leave behind the root cause of the dispute?

We would like to thank the organiser, EPPL Asia, for inviting our Principal Consultant, Mr Alan Wong, to the event held for Estate Planners in Surabaya, Indonesia.

What every business owner needs to know about succession planning Succession planning, when done right, does not have to be a collision of money, power and family dynamics.

A big thank you to all of you who dedicated your time to join us in our latest exclusive training. Your active participation and eagerness to learn made the training sessions engaging and rewarding for everyone.
We are excited to see the amazing results you'll achieve with your newfound knowledge.

Good news, Taiwanese joining the bandwagon too.
Source: ST 7th April 2023.

Our Principal Consultant had a fruitful session with Advisors' Clique. We would like to thank the organiser for the invitation and opportunity to share with them how to grow their business through Estate Planning.

Yet again our High court has the unpleasant task of witnessing a bitter dispute between family members over money. Why not at the start have proper planning or arrangement over such matters?
Source: The Straits Times 5th Feb 2023.

The financial industry in Singapore is getting more interesting. Great opportunity ahead.
Source: The Straits Times 1st Feb 2023.

We are an aging society, will our SME businesses end up like Japan? Source: (The Straits Times,6th Jan 2023)

When you are mentally incapacitated, who is going to manage your affairs? Worse still if you are a business owner, who is going to continue running your business? Do not procrastinate in getting your LPA done. Source: (The Straits Times 3rd Jan 2023)

If the deceased’s intention is for his aged mum to inherit his HDB, he needs to have a Will. Under the Intestate Succession Act, once an individual has a child, his/her aged parents will be excluded from inheriting the deceased’s estate under the Act. ( Source: The Straits Times 31stDec 2022)

Legacy planning by Morgan Stanley. Pointers from expert.

This is how family legacy can be succeeded by Next Generations: Morgan Stanley PWM Asia - Asian Private Banker This is a sponsored article from Morgan Stanley. The pandemic has added a sense of urgency to the need for succession planning of Asian HNW families, with more families anxious to start earlier with their preparations for passing on wealth to the next generation. Morgan Stanley Private Wealth Manage...

Which patriarch desires to witness conflict within their family over what they have created? The problem is that they consistently put off planning the transfer of wealth to the following generation. And now it is making media waves.

A billion-dollar fight that split UK’s richest family Central to the dispute was a pact the brothers made eight years ago that “everything belongs to everyone and nothing belongs to anyone”. Read more at straitstimes.com.

Will the estate go bankrupt due to claims by the families of the victims?

Tanjong Pagar crash: Families of 3 passengers seek $1.7 million from estate of driver The mother of the front passenger is seeking about $855,000 for loss of financial contributions from her son. Read more at straitstimes.com.

🚨🚨 LAST BATCH ALERT! 🚨🚨

If you're a Financial Planner looking to acquire more SME owners as part of your MDRT/COT/TOT goals, then this 2 days IBF-recognised course is for you...

Discover how you can increase your sales opportunities with SME owners effortlessly by "Mastering Presenting Buy-Sell agreement to SME owners" (up to 90% IBF subsidies available)

"I closed my BIGGEST case from a SME owner thus far in my 10 years of FA career after using the scripts from Alan's buy-sell training" Angeline Huang, COT, Financial Services Manager, Prudential ⭐⭐⭐⭐⭐

Please register your interest by clicking the link below as seats are filling up FAST 🔽 🔽 🔽

As a practitioner in the Financial Planning industry for the past 25 years, I've been specialising in the SME niche, helping numerous business owners/HNW/UHNW clients preserve their wealth through proper business protection planning, estate planning, etc.

in this 2-days "Buy-sell training" course (subsidised by IBF up to 90%), you will be learning:

✅ Deep mastery of presenting Buy-Sell Agreement To SME Owners using case studies and role-play approaches (you will be given my proven presentation kits and scripts)

✅ Understand how to deliver buy-sell concepts to SME Owners effectively

✅ How to tie in insurance seamlessly as part of the recommendations for SME owners (so that it won't look like a hard sell)

✅ Numerous real life case studies discussion and role plays opportunities to sharpen your presentation skill

✅ and many more...

"Being a practitioner himself, Alan offers very practical advice towards estate planning & business succession planning with SME owners. Highly recommended for FAs to attend this course", Sakthi, Associate Director Financial Services, Great Eastern, ⭐⭐⭐⭐⭐

Details of next intake:

Date: 20/10 (Thurs) - 21/10 (Fri) 2022
Time: 9am to 5pm
Total Training Hours: 14
Fees (UP: SGD 1488):
- Singapore Citizens below 40 years old - (50% subsidy) $744*
- Singapore Citizens aged 40 years and above - (90% subsidy) $148.80*
- Singapore PR: (50% subsidy) $744*

Please register your interest by getting in touch with us here:
https://api.whatsapp.com/send?phone=6586134191&fbclid=IwAR1x18yecp4KE6JLru_liNlOwj8JZS4kQOLW_snBbVZOITi1Rx0kbCqX5aE

Hi All, on behalf of w3 Consultancy Pte Ltd, I am pleased to invite you to our event for the month of Sept 2022,

“Learn And Contribute Back To Society Series”.

Please see the details below.

Title: Solving Offshore Buy-Sell Deals

Synopsis: Buy-Sell Arrangement are NOT only for Onshore Deals but there are many opportunities Offshore. In this session, we will cover the structure of offshore buy-sell arrangement and how local insurance products can be offered to such deals.

Date: 26th Sept 2022
Location: Zoom Platform
Time: 4pm to 5.30pm

Your Investment for the session: (Your personal donation to Heart To Heart Service)

I will share the new organisation that we will support from 2022 onwards.

Below is the link to register.
https://us06web.zoom.us/meeting/register/tZ0kc-GqqjsrE9x04366x5QVHmaY_n3pFD-e

After registering, you will receive a confirmation email containing information about joining the meeting.

Welcome! You are invited to join a meeting: Solving Offshore Buy-Sell Cases. After registering, you will receive a confirmation email about joining the meeting. Welcome! You are invited to join a meeting: Solving Offshore Buy-Sell Cases. After registering, you will receive a confirmation email about joining the meeting.