Kajal Prasad
speaker
107 appearances
1 recordings
1 series
first heard May 2026
last heard 25 May
Kajal Prasad’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
Thank you for having me, Sean.
I think they like to think they do, and they do have the beginnings of an idea as to where they want to end up eventually.
But what they fail to realize is that generational wealth is a multidisciplinary, long-term thinking approach that has a number of different elements associated with it, both technical and non-technical.
So the aspects around succession planning as a term and intergenerational wealth transfer as a term, they're generally well understood.
But what it takes to actually decide what those things are made up of and then implement them is actually quite an involved process that requires lots of different heads and lots of different pieces of advice.
Yeah, sure.
So at the outset, I'd say tax is a component of succession planning in the long term, but it is definitely not the main consideration that families should be thinking about taxing.
So what we see in Australia is that private structures have evolved over time.
They've been sort of restricted by legislation at the time, policy updates, et cetera.
So we're stuck with a bunch of trusts and companies in a group structure.
And we have something like the federal budget announcements, and it causes everyone to think, hang on a minute, how does this affect us?
So
What we like to do is make sure that structures in particular that have a tax lens to them at the time that these structures are implemented.
Actually, we step out of that and look a lot broader and think about, well, what is the purpose of what we've built up?
All of these triangles and squares that accountants love drawing on a page.
What do they mean?
How do they represent what the family's created, but also where they want to go in the future?
And so that conversation where we start to talk about intergenerational wealth transfer and this transition of trillions over the next 10 to 15 years, that's when we start to think about, well, this is not just a tax planning exercise.
Tax is a natural consequence, but also an attributor to the entire process.
But this is much more about the family than it is about anything else.
Showing 1–20 of 107 · page 1 of 6
Next →