Estate Planning for Business Succession Planning

A properly structured estate plan can greatly impact the future of your beneficiaries, as well as provide you with peace-of-mind that your spouse and children will be accounted for after you’re gone. In the same way, a well-defined succession plan ensures your business and legacy will be passed on to the next generation or transitioned to key employees. Many business owners aren’t motivated to act until ownership transition is a clear, present, and pressing need. Unfortunately, by then it’s often too late in the game. By identify the various structures for Business Succession Planning, the business owners are more likelihood on a successful management and ownership transition in the future.

Learning Outcome

Participants will be able to:

1. Identify the different aspects of Estate Planning for Muslims and Non-Muslims and importance of having a good estate plan.
2. Determine the various key tools for Estate Planning and it used for different situations.
3. Explore the various types of companies and the repercussions when unforeseen circumstances occur for the owners of these companies.
4. Identify the various structures for Business Succession Planning and the best solutions to carry out Legacy Planning for these businesses.

Learning Outline

Facilitator

Profile of Ms. Nur Sabrina Soon Binti Abdullah, CFP

Sabrina is a consultant of her own advisory company. She gives professional advices to high networth individuals to assist them to set up their Estate Planning, Trust Planning as well as Business Succession Planning for Muslims and non Muslim individuals. A few of her many clients that she has structured their Estate Planning and Private Trust are ’Tan Sri Dato’ Sri Paduka Lim Kok Wing“ (the founder of ’Limkokwing University’) and Tan Sri Datuk (Dr) Hj Mustapha Kamal (the founder of ’Emkay Group of Companies’).

She has 23 years of working experience in both local and international trustee companies. She was a Director with CIMB Trustees Services and Associate Director with RHB/OSK Trustees Services. She was also the Senior Manager with HSBC (Malaysia) Trustee Berhad for 18 years. She was dealing with both private and corporate clients. She was in charge of Retirement Schemes, Bonds, Escrow and Stakeholders for Corporate Clients. She dealt with Estate Administration and Private Trust for individual clients. Her clients range from Corporate clients such as Nirvana Memorial Park Malaysia and Nilai Memorial Park to high-net-worth Individual Clients. She also dealt with Estate Administration, being the executor or administrator of deceased estates.

Prior to her attachment to HSBC (Malaysia) Trustee Berhad, she was with HSBC Bank Malaysia Berhad for 10 years and was attached to Treasury, Credit and Operations.

She also conducts training for insurance life planners, financial planners and gives presentations to the public. Sabrina holds a Degree in Banking and a Diploma in Accounting.

Terms & Conditions

• Registration is on a first-come-first-served basis, only 20 seats available.
• Participants need to sit in for both sessions in order to accumulate the points.
• Confirmation is subject to payment before the workshop.
• FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.

Frequently Asked Questions

1. How long will each digital programme take?

Each digital programme is the equivalent of a day’s CE Workshop training for approximately 8 hours. With the lunch break in between, the digital programme will usually take place for 6 hours.

2. Can I attend only half sessions of the training?

Yes, you may. However, you will not be granted full points from respective parties.

3. Which forms of payment can I use?

We accept payment by credit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).

4. How secure is shopping? Is my data protected?

Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card or bank details cannot be read by any third party. Credit card payments will also be verified through the 3D secure procedure.

5. Why am I seeing a different merchant name and reference at the checkout payment?

You’ll see a merchant and payment description because this is transacted by our technology provider (Monad International) and payment provider (Stripe Payments). A sample description below:

6. Who should I contact if there is any transactional issue or problem purchasing any product / service?

Kindly drop a message below with the problem statement and we will get back to you as soon as possible.