HNW inheritance planning: Why international mobility is tearing up the old playbook

'Advisers must also evolve beyond just fulfilling transactional roles'

clock • 4 min read

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 ...

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