There is a certain level of detail advisers and clients must get right in order to avoid some of the regular problems which can impact how an intergenerational wealth plan is put in place
Getting the right intergenerational wealth strategy in place can help you retain clients and grow your business – and sometimes you need to look to the youngest generations to add the most value.
Making sure that a plan is in place to cascade pension wealth will mean that money is available at the right time for the right person when the time arises.
A regular gifting plan is not for everyone, yet it is still possible to build an intergenerational transfer plan. The right approach can cascade their wealth so that it remains invested.
The intergenerational wealth transfer opportunity is there for advisers that are willing to engage with both existing clients and their wider families.