Increasing numbers of families are choosing to run a business or wealth fund together. To operate effectively and ensure a smooth succession process, it is essential to have a proper family governance framework in place. An important first step is to establish a family constitution, which helps maintain harmony among family members and sets the foundation for the future.
Sindy Wong has been sharing her insights about family governance with “Bucket of Gold” on Radio Television Hong Kong (RTHK), explaining its importance in family succession and identifying the various legal tools families can consider using.
You can hear the full RTHK programme here: https://news.rthk.hk/rthk/ch/news-programmes/this-episode.htm?cmsid=95&episode_id=914725&livetime=20231030000000.
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