Over the next 10-20 years, Ireland will experience a sizeable transfer of wealth from older to younger generations. Multiple data sources all point to rapidly rising household net wealth, concentrated in property, pensions and business assets.
Multi-generational financial planning can be defined as a structured approach to assist a family to protect, grow and deploy its wealth, values and opportunities across two or more generations, rather than focusing solely on a single client or couple. It is no longer the exclusive domain of the ultra-wealthy. As demographic and wealth transfer trends converge, families across the economic spectrum are starting to recognise the importance of coordinated planning.
Please click on link for A Guide to Multi – Generational Planning