How to excel at intergenerational wealth planning

Traditional IFA models sometimes seem to be built on a fairly simple view of the world: Our clients have money, and they are planning to retire and turn their assets into an income that they will then live on until 82 or 87. The children will then inherit the house. They have only one family. I have got bad news. We are all – including our clients – living more complex lives. It is entirely possible that our clients approaching retirement will have both parents still alive; parents that may not be fully capable anymore – either physically or mentally. This may be giv...