The next generation is inheriting more than assets—it is inheriting complexity. Writing in NLJ this week, experts from Penningtons Manches Cooper chart how global mobility, blended families and evolving values are reshaping private wealth advice
Traditional structures may offer protection, but they are not immune from divorce, capacity challenges or post-death disputes. The authors warn that nuptial agreements, while increasingly popular, remain vulnerable without transparency and full disclosure. International surrogacy, cross-border estates and immigration status add further layers of risk, while late-life relationships and remarriage frequently trigger litigation. Informal promises—the ‘Bank of Mum & Dad’—can unravel into proprietary estoppel claims if expectations are disappointed.
The message is clear: plan early, document clearly and think internationally. Without proactive advice, even sophisticated families may find that certainty proves illusory when it is needed most.
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