Company legacy to continue for generations

Problem

Founder of company built it to be very profitable and can carry on for a long time.  However, the problem may come when he's no longer around and the company may fragment because of the different generations down the road (and different ideas of whether to continue the business).  However, if the company is split up, they may not be able to generate the same amount of profits yearly and it doesn't want to become another "Yeo Hiap Seng".

Solution

We created a private trust company for them.  By doing this, it locks all the shares of the company together and there's long term sustainability because the trust cannot split the family business up.  In fact, it grows so big that it can generate a growing income for the beneficiaries for generations to come.

 


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