Core Insights - Nearly half of Hong Kong residents are concerned about the longevity of their wealth, with 44% fearing their wealth will not last beyond their children, and only 14% believing their children will adhere to their legacy wishes [1][2] - The survey indicates a significant worry about potential conflicts over assets, particularly among high net worth individuals, with 64% expressing such concerns [3] Wealth Transfer Concerns - 54% of respondents worry about conflicts over their assets, with a notable 64% among high net worth individuals with investable assets exceeding US$1 billion [3] - A low level of preparedness for wealth transfer is evident, as only 12% of respondents felt fully prepared for their death, while 49% had no plans at all [5] Market Trends and Product Demand - The current financial market instability has led to increased demand for trust-like insurance products, allowing affluent individuals to allocate assets based on the heir's age [4] - Sun Life plans to focus on the retirement market and explore opportunities in the silver economy, anticipating that one in three Hong Kong residents will be aged 65 or above by 2039 [6] Strategic Focus - Sun Life aims to diversify its strategy by serving mainland Chinese clients, local residents, and high-net-worth individuals, responding to the risks in the capital market [7]

Eugene Shkolnikov’s team of nine helps immigrant families–some rich, some new refugees without much–navigate U.S. insurance, pensions, taxes and legacy planning. https://t.co/4vLpDvU5hn (Photo: Northwestern Mutual) https://t.co/zDJjjrWkjJ ...

Team & Service - Eugene Shkolnikov's team consists of nine members [1] - The team assists immigrant families with U S insurance, pensions, taxes, and legacy planning [1] - The clients range from wealthy individuals to new refugees [1]

Eugene Shkolnikov’s team of nine helps immigrant families–some rich, some new refugees without much–navigate U.S. insurance, pensions, taxes and legacy planning. https://t.co/Tk5BB5A6m7 (Photo: Northwestern Mutual) https://t.co/s9Y2zX4DE6 ...

Core Points - Aflac is expanding its partnership with Empathy to include the Empathy LifeVault™ service for group term life insurance certificate holders starting July 1, 2025 [1][3] - LifeVault is a digital platform designed for legacy planning, making it easier for Aflac customers to manage essential documents related to their life insurance policies [2][3] - The partnership aims to provide comprehensive support for families dealing with loss and planning for the future, enhancing Aflac's commitment to customer care [3][4] Company Overview - Aflac is a leading provider of supplemental health insurance in the U.S. and has been recognized as the No. 1 provider in this sector [5] - The company has a long-standing reputation for ethical practices, being included in the World's Most Ethical Companies for 19 consecutive years and Fortune's World's Most Admired Companies for 24 years [5] - Aflac's services are designed to provide financial protection and peace of mind to millions of policyholders [5] Empathy Overview - Empathy is a technology company focused on transforming how people navigate life's toughest moments, serving over 40 million people across North America [7] - The company partners with seven of the top ten U.S. life insurance carriers and handles one in five life insurance claims nationwide [7] - Empathy has received $90 million in funding from top-tier venture firms and global insurance leaders, emphasizing its innovative approach to bereavement and legacy planning [7]