At Rawlinson & Hunter, we understand that the transfer of wealth from one generation to another is more than a financial transaction – it is an emotional and personal decision. We provide thoughtful advice to support clients in approaching this topic with younger family members and establishing a plan to ensure that their wealth is passed on in accordance with their objectives, with clarity of messaging, tax-efficiency, and accountability by the recipient.

 

With an ever increasing number choosing to transfer wealth while they are still alive, passing on wealth during one’s lifetime is a proactive approach to financial planning. This allows wealth-holders to witness the impact of their support, provide timely assistance to family members, and potentially reduce the size of their taxable estate.

 

We understand that each client’s circumstances are unique. Whether they are planning for future generations, supporting philanthropic causes, or navigating complex family dynamics, we provide tailored advice that aligns with the client’s values and long-term goals.

 

Conversations around money, inheritance, and future responsibilities can be emotionally charged. Addressing these issues directly, though sometimes challenging, is essential to ensuring that wealth is transferred in a way that reflects the intentions of the client. Often this will involve supporting families in developing governance structures and educating the next generation on financial stewardship to ensure they feel empowered to take on the commitments that come alongside the wealth.

 

Our Partners work closely with clients to develop comprehensive strategies that address both the financial and emotional aspects of wealth succession, often working as part of multi-disciplinary professional teams. We can assist with establishing and administering structures such as trusts to provide control, flexibility, and protection for future generations, meaning our clients can have confidence that their beneficiaries are well supported and engaged in their role of future wealth preservation.

 

With a growing number of internationally mobile families, understanding the nuances of  cross-border succession is fundamental to any strategy. As a firm with offices around the world, Rawlinson & Hunter is well positioned to advise clients on the international considerations of intergenerational wealth transfer.