From wealth transfer to living legacy: How Asia’s founders are architecting the future

As its latest research reveals a 'Knowledge Paradox' stalling succession plans, HSBC Life is building a comprehensive ecosystem to safeguard wealth, health, and family values. [The content of this article has been produced by our advertising partner.] Asia is on the precipice of a monumental economic shift. By 2030, an estimated US$5.8 trillion of wealth is expected to pass from the region’s founding generations to their successors. In today’s world, wealth is rarely held in one place or one form. Families increasingly live cross-border lives with complex corporate holdings – making succession a formidable challenge to execute smoothly. At the inaugural Legacy Continuum Summit recently hosted by HSBC Life in Hong Kong, the dialogue ventured far beyond traditional asset allocation. The event served as a real-world corroboration of a shifting paradigm: modern succession planning must safeguard not only financial portfolios, but also human capital, family values, and long-term health. “Legacy planning has become a matter of continuity,” Daisy Tsang, Chief Executive Officer of HSBC Life Hong Kong and Macau, said in her opening address. “In a cross-border world, good intentions are no longer enough.

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