In my experience as a wealth psychologist, I have often noticed that when it comes to ultra-high-net-worth families, money tends to complicate rather than simplify relationships. It can become a source of stress, misunderstanding, and conflict. Therefore, the...
Estate planning is a critical aspect of wealth management, especially for ultra-high-net-worth (UHNW) individuals. However, even the wealthiest among us can fall prey to common pitfalls. As a wealth psychologist, I have seen how these mistakes can lead to unnecessary...
Wealth transfer is a critical process for ultra-high-net-worth (UHNW) individuals, shaping not just their legacy but also the financial future of their heirs. However, wealth transfer can be fraught with complexity and requires meticulous planning to avoid common...
Farrer & Co Trustees Seminar invited Dr Lami to speak and provide her expert insight into the complex psychology of wealth and succession between generations. The talk reflected offshore trustees’ experiences of being trustees in the changing world we live in,...
Wealth transfer to the next generation is more than a financial transaction; it’s a rite of passage, a legacy journey that carries forward the family’s heritage and aspirations. As a wealth psychologist, my approach to this critical transition is nuanced...
Wealth transfer is a momentous event that goes beyond the mere shifting of financial assets from one generation to the next. As a wealth psychologist, my perspective on wealth transfer is deeply rooted in preparation, communication, and emotional intelligence....
