UHNW estate planning during a market crash – Transferring wealth to the next generation- ePrivateClient
11 / 08 / 2020
Head of the Private Client Team, Jenny Cutts, discusses whether the impact of a market crash and lower asset values provides opportunities for ultra-high-net-worth individuals to carry out estate planning including the transfer of wealth to future generations. The article discusses the present position in respect of capital taxes and the types of strategic estate planning that could be considered in the current economic climate. Tax reforms could be on the horizon to pay for the government’s Covid-19 spending, so now is a good time for such individuals to consider their estate planning.