What is Legacy?

Philanthropy Guide - Issue 06

This guide is a tie-in with the Asia Centre for Changemakers’ “What is…?” series. This series aims to explore topics that are widely discussed in philanthropy but are oftentimes not well-understood. It is anchored by Research and brought to life in conversation with Community.

 

This issue examines a key driving force that propels wealth holders: Legacy. This is a timely topic as we face the “Great Wealth Transfer”. By understanding how to create purposeful legacy journeys to mobilise capital and values across generations, wealth holders can determine the future of purposeful wealth.

 

In the first two parts of this report, we highlight key insights for different seats at the legacy table. For wealth holders, we distil the essential qualities of successful family legacies to accelerate your own legacy journey. For advisers, we provide a series of questions to help you guide your principals in legacy conversations in an Asian context.

 

The final part of this report contains personal narratives from individuals. We thank Keith Chua, Lee Kian Chong, Lynn Hermijanto, Peggy Tan, and Yoosuf Moiz for sharing their personal experiences on building and guarding legacy.

 

We hope you will resonate with their stories and find inspiration to further your own legacy journeys.

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