Making sure the whole family prospers

Putting intergenerational theory into practice

In the third and final episode in the series, ‘Keep it in the Family’, Nik Broumley and Paul Young address the repercussions of not addressing inheritance tax early on.

Making sure the whole family prospers

Meet Ursula. Ursula is in her 60s, has recently inherited a considerable amount of money and now wants to make sure that her entire family can benefit from it. The problem: she doesn’t know where to start. Ursula’s story, albeit fictional, is representative of many heirs who struggle with the intricacies of gifting.   This episode delves into intergenerational wealth transfer and how to ring-fence clients’ inheritance worries.

Turning one client into many

The industry has successfully guided baby boomers to retirement. But their loved ones can think and act very differently. With 80% of UK advisers not having a relationship with their current clients’ beneficiaries, what does this mean for advice businesses?    This episode explores what business risks an advice firm faces and what the opportunities are going forward.