One of the primary challenges in generating a sustainable, long-term income for future generations lies in the nature of the assets themselves. Typically, long-term income is derived from assets, but these assets often carry inherent risks. Additionally, assets such as property or fixed deposits can be easily liquidated by the next generation, which may compromise the intention of providing a stable, lifelong income stream and maintaining the family’s status.

To address these concerns, it is crucial to devise an asset structure that is difficult to liquidate. We provided a long-term policy from an insurer that ensures a steady income for the family, and we established a family trust with the assistance of our legal associates, which will hold these investments for generations to come. This approach ensures that future generations can benefit from a secure income, rather than simply inheriting an asset that could be sold at any time.