A middle-aged woman and man kayaking in a rustic setting

If you’re someone with high net worth, estate planning is one of the most important steps you can take to help provide for your family and others into the future. An estate plan can allow you to have control over your legacy and who will receive your assets in the event of your death. It also helps you pass on your assets in a way that could minimize the tax burden on your loved ones. And it spells out how you would like to be cared for in your time of need.

Despite these benefits, many high-net-worth investors hesitate when it comes to estate planning. A UBS survey found that nearly a third (32%) say estate planning is a depressing topic for everyone concerned, and more than half (56%) say it’s not a pressing issue.1

It’s natural to experience some fear around the idea of planning for what happens after you’re gone. But putting off that planning may mean those decisions will be left to others, and their choices may not reflect your wishes. By taking the first step of identifying your goals and organizing your documents, you can overcome any hesitation you may be feeling. It can also help to remember that you don’t have to go it alone: Many individuals seek estate planning assistance from trusted professionals such as estate planning attorneys and tax advisors.

Families struggle to start the inheritance conversation

“It’s not a pressing issue”

Benefactors

Inheritors

“It’s a depressing topic for everyone concerned”

Benefactors

Inheritors

Next steps in estate planning

Estate planning for high-net-worth individuals is a multi-step process. Be sure to approach it strategically, thoughtfully and with care. While creating an estate plan may seem overwhelming, knowing that you and your family are prepared for any unexpected situation can give you comfort and confidence. You can also access our estate planning fact sheet on this page, which includes a checklist to help guide you through the process.

At a glance

  • Identify what matters most, whether it’s tax efficiency, charitable giving or family business continuity, to help guide your estate planning decisions.
  • Collaborate with professionals to create wills, trusts and powers of attorney tailored to your needs.
  • Use strategies like trusts and charitable giving to help protect assets, minimize taxes and ensure their smooth transfer.

Crafting your legacy through estate planning strategies

Work with a UBS Financial Advisor to create a plan that reflects your core values and maximizes the impact for those you care about most.

Woman walking on a boardwalk over dunes near a beach at sunset

Crafting your legacy through estate planning strategies

Work with a UBS Financial Advisor to create a plan that reflects your core values and maximizes the impact for those you care about most.

1,3 “Share it well: Discussing and dividing wealth across generations ,” UBS Investor Watch.

2 “The Estate and Gift Tax: An Overview ,” Congressional Research Service, September 2024.

UBS Wealth Way is an approach incorporating Liquidity. Longevity. Legacy. strategies that UBS Financial Services Inc. and our Financial Advisors can use to assist clients in exploring and pursuing their wealth management needs and goals over different time frames. This approach is not a promise or guarantee that wealth, or any financial results, can or will be achieved. All investments involve the risk of loss, including the risk of loss of the entire investment. Time frames may vary. Strategies are subject to individual client goals, objectives and suitability.

The information contained in this newsletter is not a solicitation to purchase or sell investments. Any information presented is general in nature and not intended to provide individually tailored investment advice. The strategies and/or investments referenced may not be suitable for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives. Investing involves risks and there is always the potential of losing money when you invest. The views expressed herein are those of the author and may not necessarily reflect the views of UBS Financial Services Inc.

Neither UBS Financial Services Inc. nor its employees (including its Financial Advisors) provide tax or legal advice. You should consult with your legal counsel and/or your accountant or tax professional regarding the legal or tax implications of a particular suggestion, strategy or investment, including any estate planning strategies, before you invest or implement.

Important information about brokerage and advisory services. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that you understand the ways in which we conduct business and that you carefully read the agreements and disclosures that we provide about the products or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary.

© UBS 2025. All rights reserved. The key symbol and UBS are among the registered and unregistered trademarks of UBS. UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member FINRA/SIPC.

More retirement planning insights

Get in touch

Together, we can help you pursue what’s important