Kings Court Trust’s 2017 research paper, ‘Passing on the pounds: The rise of the UK’s inheritance economy’, revealed that £5.5 trillion is expected to pass between generations between 2017 and 2047. This represents an unprecedented amount of wealth transfers, which pose both opportunities and risks for the wealth management industry.
So, what role does a financial adviser play in intergenerational wealth transfer planning? In Kings Court Trust’s latest blog, they explore the risks and potential opportunities, including:
- Key risks of intergenerational wealth transfers for financial advisers.
- The opportunities presented by intergenerational wealth transfers.
- Why financial advisers should remain involved during estate administration.
- Practical next steps for financial advisers.
- Case study.
Financial advisers play a crucial role in guiding clients through wealth management during their lifetime, and in safeguarding that wealth through effective post-death planning.
About Kings Court Trust
Kings Court Trust is an award-winning estate administration provider (‘innovation and transformation of the year’ in 2025 and ‘probate provider of the year – South’ in 2024), that takes care of the practicalities after death. Their full suite of estate administration solutions is designed to support all families. By providing free, practical advice on the next steps following a bereavement, they can support your clients and add value to your business.
- Regulated by the Institute of Chartered Accountants in England & Wales (ICAEW).
- Trusted provider of estate administration for large UK-listed companies.
- Offer a generous referral fee for referrals that result in business.
- Provide access to a unique portal for support and updates on cases.
- Fixed and transparent pricing.
- In-house legal and tax experts to advise on any situation.
The Kings Court Trust partnership model is also geared towards the introduction of potential new clients. Provided that consent is given by the beneficiaries of an estate, they’ll introduce them back to your business to help you grow your client base.
If you have any questions about probate, estate administration, or how you can work in partnership with Kings Court Trust, call them on 0333 207 5470 or email partners@kctrust.co.uk.
This article was submitted by Kings Court Trust as part of an advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate
