We are in the midst of the largest intergenerational wealth transfer in history. Over the next two decades, an estimated $84 trillion will pass from one generation to the next. But while the financial implications of this shift are massive, the psychological and...
Wealth transfer isn’t just about passing down money—it’s about preparing the next generation to manage, preserve, and grow that wealth responsibly. Yet, research shows that 90% of inherited wealth is lost by the third generation due to poor financial education, lack...
Every family has its challenges, but for ultra-high-net-worth (UHNW) families, these challenges can be amplified by the complexities of wealth. Disagreements about money, generational tensions, and emotional barriers often create rifts that threaten both relationships...
Estate planning often feels like a legal minefield—one misstep can lead to costly and time-consuming complications for your loved ones. From probate battles to unclear directives, the legal headaches associated with a poorly planned estate are abundant. However, these...
Succession planning, in the context of family wealth, is a journey layered with complexity and emotion. It’s about transferring not just financial assets but also values, responsibilities, and a legacy. This process, deeply intertwined with wealth psychology,...
The passing down of generational wealth is about more than just numbers on a balance sheet or assets in a portfolio. It’s about legacy, values, and the continuation of family traditions. While financial planning lays the groundwork for transferring tangible...
