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Next gen: law, life & legacy

241430
As families transform & modernise, experts from Penningtons Manches Cooper chart the changing landscape of private wealth
  • Practical insights for next generation and modern families that are navigating the coming wealth transfer.
  • Explores real-world scenarios, including late-life relationships, blended families, international marriages, surrogacy, vulnerable beneficiaries and cross-border estates.

The private wealth sector is experiencing a generational pivot. Today’s next generation—more globally mobile, values-driven and digitally fluent than their predecessors—is inheriting not only assets but the responsibility to manage and safeguard them across complex family structures and jurisdictions.

Its expectations are for transparency, agility and cross-disciplinary advice in the private wealth sector. At the same time, familiar pressure points such as capacity and vulnerability, marriage and international mobility, and post-death disputes, are appearing in new configurations that demand earlier, holistic intervention.

Family law & intergenerational wealth transfer

Nuptial settlements

When it comes to intergenerational wealth transfer, the potential impact of divorce on family money is often

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MOVERS & SHAKERS

Harneys—Maggie Kwok & George Weston

Harneys—Maggie Kwok & George Weston

Harneys senior leadership appointments

Freeths—Keith Browne & Jim Jordan

Freeths—Keith Browne & Jim Jordan

Freeths strengthens London Construction and Engineering practice with two strategic senior hires

Anthony Collins—Laura Moss

Anthony Collins—Laura Moss

Anthony Collins announces strategic hire to deepen skills base in the social business sector

NEWS
More than 100 teams from the legal and financial services sectors competed in five sports at the 51st Law Society RFC Festival of Sport earlier this month
Part-time status need only be an effective cause of less favourable treatment, rather than the sole cause, the Supreme Court has held in Augustine v Data Cars
Britain’s new acknowledgement that Israel’s occupation is unlawful, and accompanying settlement-goods ban and sanctions, is significant but overdue, argue Danny Friedman KC and Victor Kattan in NLJ this week
New planning fee rises, wider trade union access rights and a service-by-email trap feature in Stephen Gold’s latest Civil Way
Existing defamation law can respond to AI ‘hallucinations’, but allocating responsibility will prove harder where outputs reach users without human intervention
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