The theme was succession planning, preserving and passing the family wealth to the next generation. This is a topic of increasing importance as the value built up in entities by, in particular, the baby boomers is to be transferred to the next generation. The traps and pitfalls are many and our team of expert and experienced presenters identified those obstacles and suggested the ways and means of avoiding or overcoming them.
The range of succession strategies considered is impressive - the role of superannuation, trusts, companies, the impact of bankruptcy, family breakdown and for that growing group of people who have lived as expatriates for much of their working life, return to Australia for retirement.