For generations, the last will and testament has played a vital role in estate planning, offering a structured way for individuals to set out how their assets should be distributed after death.
Read moreMultigenerational business and landed family
Clare introduced a fresh approach to this client by inviting the whole family to participate fully in the decision-making about their vision for managing their wealth for the younger generations. Our original client had acquired land and farms over several decades but is of retirement age with three children with their own young families. Two of them live abroad and their family assets include offshore trusts and overseas properties as well as the land and farms in the UK. Clare facilitated a series of conversations where the whole family discussed what they wanted to do with the estate in the future, where each of the families would live and the skills they would need to enable them to continue running their parents‘ land successfully.
For generations, the last will and testament has played a vital role in estate planning, offering a structured way for individuals to set out how their assets should be distributed after death.
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Top 50 law firm Penningtons Manches Cooper has announced its partner promotions for 2025.
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The last few years have seen a number of mergers and acquisitions between enormous corporations. Colloquially known as ‘megamergers’, these mammoth collaborations can be seen across a wide range of sectors. Citywealth investigates the impacts of these mergers within the private wealth industry, positives and pitfalls alike.
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