Payne Hicks Beach

Payne Hicks Beach

03 December 2021

Barriers to succession planning - Boom to bust in three generations

In his recent article for ThoughtLeaders4Private Client Magazine, first published in November 2021 and reproduced with kind permission, Frederick Bjørn, Partner at Payne Hicks Beach’s highly regarded private client department, explores why succession planning and family governance are increasingly important when advising high net worth families.  Highlighting some of the challenges involved and the different attitudes between the generations, Frederick outlines some of the questions advisers need to ask to reach the solutions that best suit their client and which will help avoid ‘boom to bust in three generations’. 

For further information, please contact Frederick Bjørn by email or call on 020 7465 4300

Click below to read Frederick's analysis in ThoughtLeaders4Private Client Magazine

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This publication is not intended to provide a comprehensive statement of the law and does not constitute legal advice and should not be considered as such. It is intended to highlight some issues current at the date of its preparation. Specific advice should always be taken in order to take account of individual circumstances and no person reading this article is regarded as a client of this firm in respect of any of its contents.

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