International mobility among younger HNWs has made family inheritance planning far more complex, Marc Acheson writes
The global high-net worth population continues to grow and shows no signs of slowing, with forecasts suggesting it will increase by a further 5 million by 2029. A key driver of this projected rise is the unprecedented transfer of wealth to Gen X, Millennials and Gen Z, who are poised to inherit $83.5trn. However, this next generation of inheritors differs markedly from their parents. One of the defining characteristics of younger family members is that they are more internationally mobile than ever. These younger inheritors cannot say with certainty where they will be living in the next ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes




