Page 27 - Waterfall City Issue 7 July 2025

Want to build generational wealth?
INVOLVE

YOUR

HEIRS

W hen people think about investment returns but often neglect

estate planning – arguably the most
building wealth, the
crucial aspect of a long-term wealth
focus is often limited to
investment performance,
asset allocation, or tax efficiency. Adriaan Pask, Chief strategy.
These are all important, but in the Let’s say you manage to squeeze out
context of generational wealth, they’re Investment Officer an extra 2% or 3% return on your
only part of a much bigger picture. portfolio. Poor succession planning,
at PSG Wealth, avoidable taxes, or family conflict can

Effective intergenerational wealth quickly erode that gain. In contrast,
management is about fostering examines why an a well-structured estate plan enables
continuity, strengthening financial effective strategy for a seamless and tax-efficient transfer
literacy across generations, and of wealth, ensuring that your capital
aligning family values with long-term intergenerational continues to benefit your family long
financial planning. In my view, one after you’re gone.
of the most overlooked aspects of wealth management
wealth planning is preparing the next But estate planning isn’t just a legal
generation to manage the legacy they encompasses or tax exercise. It’s about creating
will eventually inherit. a framework that preserves both
more than just tax wealth and purpose. A family trust,

From our experience at PSG Wealth, for example, can serve as more
we’ve observed a gap in the market and investment than just a legal structure. It can be
where investors tend to focus heavily a vehicle for aligning generations
on geopolitical shifts and short-term considerations. around shared goals, encouraging

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