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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

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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