Inheritance can be tricky, but many people agree that it should be passed down to close family members. However, Hong Kong film producer Charles Heung (向華強) recently surprised netizens after announcing who will manage his assets after his passing.
Earlier this week, Charles posted a video on social media, revealing the distribution of his estate. As one of the most influential figures in Hong Kong cinema, the film producer is worth billions and has a significant amount of personal wealth. However, with his increasing age, it’s understandable that Charles has begun planning on how he will manage his assets once he’s no longer here.
In his video, Charles revealed that he and his wife, film producer Tiffany Chen (陈岚), have reached a consensus, agreeing to use their estate to establish a family fund. However, the couple has entrusted their daughter-in-law, Bea Hayden (Guo Biting/郭碧婷), to manage the fund, instead of their sons, Jacky (向佐) and Jonathon (向佑). Additionally, their sons won’t directly inherit their assets, but will only receive a monthly allowance from the fund.
Charles and Tiffany said the decision is to prevent their sons from squandering money or getting scammed. They also emphasised that Bea is reliable in managing money, making her the best person to manage the asset. The couple also included additional clauses in the estate, saying that any jewellery will be passed directly to their granddaughters. They also warned their sons that their allowance would stop if they stopped working because of the inheritance.
Their son Jonathan has reportedly reacted to the decision, allegedly feeling that it was unfair. He claimed that Charles and Tiffany favoured his brother’s family, giving them more direct control of the asset. Due to Jonathan’s reported disapproval of the decision, Charles noted that he has blocked his son on WeChat and has refused all requests to meet. The producer added that they’re only communicating through his secretary.
It’s worth noting that Charles and Tiffany have previously mentioned not wanting to leave their assets to their sons to teach them independence. However, netizens were surprised that their daughter-in-law would be the one managing their assets, saying it highlights Bea’s close relationship with her in-laws.
Source: Oriental Daily, XiaoHongShu
