Anuwat joins AFBE seminar on inheritance management & reducing family conflict

The Association of Family Business Entrepreneurs (AFBE) held a private seminar for “Inheritance management and reducing family conflicts” last month, which IAS Advisory co-founder Mr Anuwat Ngamprasertkul attended as a guest speaker.

The seminar covered a range of topics including the root causes of disputes in families, normal proceedings for estate allocation after death including the most common contentious issues, and the smart way to avoid disagreements and sustain the family business.

The event, which took place on 29th January, welcomed guests including family leaders, heirs, entrepreneurs and estate managers.

(more…)

Know the law before living as a couple

What legal issues do unmarried couples living together face? What legal obligations and disputes arise out of cohabitation? How do you manage individual property? Whether it is men and women in general or members of the LGBTQ+ community, what preparations should be made before living with your partner?

Watch IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin. This episode premiered on Tuesday 11th April 2023 on Thai PBS, Thailand’s public broadcasting service.

Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website here: https://www.thaipbs.or.th/home

 

Anuwat discusses wealth sustainability & family business strategy at AFBE

The Association of Family Business Entrepreneurs (AFBE) held a recent whole-day seminar event about wealth sustainability and multi-generational business strategies for families in Thailand. Speakers at the event, which took place on Thursday 24th August, discussed the range of tools and structures available for passing businesses down from generation to generation, such as family holding companies.

My session focussed on family business organisation management from a legal perspective, as well as existing guidelines with respect to the following: the ‘connection’ of business organisations and family organisations; managing ownership of property as a joint owner in the family; conflict in family business; fair selection and selection of ‘people’; management when a competitive business is opened and the use of business secrets for personal gain; internal fraud management and spending money beyond your authority; and ownership pass-through from generation to generation.

Attendees at the event learnt how to identify short-term risks and long-term opportunities and how to achieve future business prosperity for themselves and their families.

Events such as this are just one way that the AFBE provides information and advice to its members and to family business operators. Engagement between speakers and participants is always encouraged as is sharing knowledge and personal experience.

(more…)

Anuwat at AFBE to discuss how to resolve conflicts in family businesses

The Association of Family Business Entrepreneurs (AFBE) invited IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul to appear as a speaker for the session, “Managing and preventing conflicts in family businesses before they escalate.”

A variety of topics were shared and discussed in closed group sessions at the event tailored according to each participant’s needs, including family business organisations, holding companies, business succession plans and methodologies, as well as fraud prevention mechanisms.

The event, which was held for the benefit of both members and non-members of the AFBE, took place on 22nd June 2023.

For more information about the AFBE, visit: https://afbefamilybusiness.com/

(more…)