My family

When you become a parent, your priority is to safeguard your children’s future, whether you’re there or not. What if something were to happen to you? Besides the emotional distress, how would losing your income affect them? Are you covered for every possibility?

Transferring wealth to the next generation is about more than money. You'll want to know they're inheriting your values too. Do they appreciate how hard you worked to become successful? Do they understand that wealth doesn't define them? And can you rely on them to manage their wealth carefully?

Transferring wealth to the next generation comes with difficult questions. When you have one heir, things can be relatively simple. With multiple heirs, the situation gets more complicated. How can you be fair to your loved ones with very different interests and skills? What’s the minimum you need to do to set the next generation up in life? How much wealth should be passed on to them and when?

Because people are living and earning for longer, wealth often transitions to people who are already in their 30s, 40s or even 50s. Sometimes decisions involve multiple generations and complex family structures. It’s possible that there will also be grandchildren to consider, and then the decision of whether to skip a generation becomes more real.

In a changing world, it's hard to know what skills your children will need. How can you make sure they receive quality schooling? Do you want your children to be educated close to home? Or are there better opportunities abroad?

It’s never too early to talk to your children about money: how it was earned, how it should be managed and why it doesn’t define them. Does your family have the right perspective on wealth? Educating younger generations about the value of money and the responsibilities that come with wealth are important steps towards making them trusted partners in managing family capital.

You’ve built up substantial savings and investments, and now you want to use that wealth to help your children follow careers that aren’t necessarily focused on financial gain. Families may devise plans to allow their children to follow their hearts in their working lives, whilst being guaranteed a minimum annual salary.

You may worry about what happens if and when your children choose to get married. You could decide that only your direct descendants should benefit from your wealth. Or you could include the future partners of your children. Establishing prenuptial agreements as a normal practice from an early stage could solve some of your worries.

Even if marriage is meant for life, sometimes life goes a different direction. If you want to keep control of your wealth, you need to insure against messy divorces for yourself and your children.

Remarriage can sometimes cause great concern for your children. In this situation, it may be hard to find a perfect solution that pleases everyone. There’s no set formula for blended families.

Very often, partners share the same values and attitudes on discussions about family wealth. However, they occasionally have different perspectives. Perhaps there are diverging opinions on whether children should find their own way to success or if family wealth should help them get a better head start. One partner may want to travel more while the other prioritizes a day-to-day standard of living.

You've found a home you love. How can you make it yours – and make sure it stays yours – even if you take a career break? If you're looking for property, there's more to consider than packing boxes.

Property is often one of the biggest issues in succession planning. Should you buy a house outright for your children? Or do you want them to earn it in some way, such as by paying a mortgage, and feel a sense of ownership? How can you support them without taking away their desire and ability to find their own path to success?

Relocating is one of the most stressful life changes you can make. With families becoming more international, there are now many reasons to move abroad. Whether you're moving for love, to be near family or to be closer to your business, there are sure to be financial implications. Have you thought about your investments? Your taxes? There’s a lot to think about beyond packing up your home.

After a lifetime of hard work, how will you fill your time? Achieving your ambitions or helping others? Indulging in a passion – whether it’s a hobby, interest or business that's driven you throughout your life? Whatever your plans, you'll need enough money to support them. To avoid falling short financially when you retire, it can be worth taking calculated and well-managed risks when investing.

Securing your family financially isn't just about managing your wealth today. It's about protecting it for tomorrow. As part of your estate planning, a trust can help transfer your wealth to other family members or charities. It can also help preserve your wealth during your lifetime and across generations. Succession planning, secure corporate trustees and trusts are just some of the services we provide.

You want to look after your loved ones. But you may also want some of your wealth to go to society or to those less fortunate. Or you might want to invest for impact, generating social and financial returns at the same time. This is where discussions of succession are inseparable from your broader values. However, your family member's views may differ from yours. Our global teams can advise and support you on every aspect of philanthropy, giving to charities and values-based investing. We can help you achieve your philanthropic goals in a financially rewarding way.