Q+A: The great wealth transfer: what wealthy families get wrong

Australia is in the middle of one of the biggest intergenerational wealth transfers in history, with trillions of dollars expected to pass between generations over the next decade. But many families focus too heavily on tax, and not enough on governance, communication and purpose.Sean Aylmer speaks with Kaajal Prasad, Head of Family Advisory at LGT Wealth Management about why successful succession planning starts with family values, not finances, and why many wealthy families struggle to bring the next generation into decision-making.LGT Wealth Management is a supporter of Fear & GreedFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.