Selecting the Ideal Trustee for a $68 Million Estate and Legacy Plan (S4E19)

Providend's Money Wisdom

Legacy Beyond Wealth is a new podcast series by Providend that invites you into the heartfelt, often complex conversations behind legacy planning. In this series, we follow the story of Richard and Eva, successful business owners approaching retirement, now faced with tough questions: How can they distribute their assets wisely? How do they protect the legacy they’ve built? And most importantly, how do they preserve family harmony among their three children?

Being a trusted adviser to affluent clients for over two decades, Providend understands that true legacy planning is not just about transferring wealth. It is about passing down values, protecting relationships, and creating peace of mind for the next generation. Through this podcast, you’ll get a rare, behind-the-scenes look at real conversations between clients and their adviser.

In Episode 3, Chris, the Client Adviser, meets with Jacqueline, the Lawyer, to refine the legacy plan for Richard and Eva by discussing the crucial role of the trustee. Their focus is on ensuring the trust funds are managed fairly and professionally to protect the family’s harmony and uphold their values.

Chris highlights the benefits of appointing a corporate trustee to avoid family conflicts, while Jacqueline explains the flexible trust supporting both children and elderly parents. After reviewing options based on service and fees, Richard and Eva choose their preferred trustee. The episode concludes with plans to draft legal documents and begin onboarding, moving their legacy plan forward.

At Providend, we believe good legacy planning should preserve not just wealth, but also relationships. It should offer clarity, not confusion. In each episode, you’ll hear how a thoughtful, values-based approach can bring peace of mind, not just for the clients, but for generations to come.

Listen to the previous Episodes here: Episode 1 and Episode 2.

Music courtesy of ItsWatR.

The voice talents for this episode are Ray and Annette, Client Advisers, voicing Richard and Eva, our CEO, Christopher, voicing as their Client Adviser, and Jacquleine, voicing as the Lawyer, at Providend, the first fee only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.

The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.

Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.

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Our popular RetireWell™ eBook has been updated! RetireWell™ is a methodology that Providend has developed to design a retirement income plan that will provide you with a safe and reliable stream of income for the rest of your life. Check out the link here to download a complimentary copy of the full eBook today: https://providend.com/publications/#retirewell