Succession Planning - The Why, The How and The What | Bijal Ajinkya | 9th IWMC | Mumbai

Описание: Succession planning is no longer just a legal formality — it's a strategic imperative for wealthy families and legacy businesses. In this high-impact session at the 9th India Wealth Management Conference, Bijal Ajinkya, Partner at Khaitan & Co., unpacks the nuances of succession planning in the Indian and global context. Moderated by Gajendra Kothari, CFA, MD & CEO of Etica Wealth, the session goes beyond theory to deliver actionable insights.

Bijal explores evolving trends in succession planning, especially within Indian family-owned businesses, while highlighting India's favorable estate-related tax policy. She discusses the emotional and operational complexities of ownership transfer, the crucial role of wills, and the importance of aligning legal structures like trusts and family charters with long-term family objectives.

Using real-life examples, she illustrates how Indian and global families — including NRIs with cross-border assets — can approach wealth transition with clarity, confidence, and control. Whether you are a wealth manager, legal advisor, family office executive, or an HNI family member, this session offers a roadmap for secure and harmonious intergenerational succession.

0:00 – Welcome and Introduction
2:50 – Speaker’s opening remarks related to the topic
5:45 – What are the current trends on succession planning?
10:15 – India’s lucrative tax policy related to estate transfer
12:25 – Indian family dynamics and plannings for succession planning
16:50 – Ownership transfer expectations in family business
18:20 – Things we should look at when it comes to succession planning
24:20 – Bijal shared real case of succession planning
27:25 – Things families and advisors should consider or know in succession planning
35:00 – Importance of will in succession planning
40:10 – Things to take care for creating a will in India
47:10 – Process for succession planning for NRI family members and global assets
48:40 – Setting up trusts for succession planning and benefits of trusts
51:00 – Importance of family charter in succession planning
52:00 – Closing remarks

____________________________________________________________________________________
The Indian Association of Investment Professionals (IAIP), the India Society of CFA Institute, was established in Apr 2005 as an association of local investment professionals consisting of portfolio managers, security analysts, investment advisors and other financial professionals.

As one of the over 160 CFA Institute member societies, the IAIP connects local CFA Institute members to a global network of investment professionals. For the continuing up-gradation of knowledge and skills of members, IAIP conducts speaker events, workshops led by leading finance professionals.