An intergenerational approach to financial planning ensures that the right family members, have the right assets at the right time.
Taking a collaborative approach to intergenerational planning also minimises the potential for future conflict and disputes.
By creating a family wealth hierarchy, it can significantly help to make important financial decisions about family responsibilities and legacies.
Intergenerational Planning need not only focus on Inheritance and Legacy issues. Planning as a family can help meet the cost of children’s or grandchildren’s education, helping family members onto the property ladder as well as gifting assets before it’s too late.
Research shows that 81% of heirs have no idea how much they will inherit with parents keeping details quiet. The reality is that parents lack confidence about their plan for passing on wealth. (Source SEI’s Algorithms of Wealth).
As a firm, we are associate members of STEP, The Society of Trust and Estate Practitioners. We are happy to collaborate with your existing advisors or we can introduce you to one of our trusted professional partners.
For more information please contact us.
We offer all prospective clients an initial discovery meeting, at our expense, in order to understand whether there is a good fit between your requirements and our services.