Intergenerational Inheritance
The largest transfer of wealth in history is now taking place. Its total is in the trillions of pounds, and it will change hands via intergenerational inheritance.
Many heirs will have been raised in families with considerable wealth, and others will be introduced to personal wealth for the first time. In either group, for the sudden wealth to become lasting wealth, professional financial management is crucial.
Case Study:
Janet
Provider of Inheritance Wealth
Edinburgh 2008
With two adult sons, one a chartered accountant and the other a solicitor, Janet wanted to ensure the wealth they would inherit from her would be disbursed in the most fair and efficient way possible.
For many years bank and building society accounts were Janet’s preferred way of managing her wealth. Particularly when stock market prices were declining, Janet felt confident that preserving most of her wealth in cash was a good decision.
Family and financial situations are never static and Janet became interested in our Sudden Wealthflow programme at a point where both were causing her to re-think.
