Just 42% of family offices globally have a wealth succession plan
As 37% say they have been the target of cyber attacks
Succession Planning
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Widow wins high court challenge after husband leaves her out of Will
He wanted to pass down his estate of over £1m to his two sons
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DIFC overhauls family office regulations
Following the creation of a private wealth centre in August 2022
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UAE unveils non-Muslim family court system for expats
Following landmark case in Abu Dhabi in October 2022
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Are UAE advice clients unprepared for the wealth transfer?
Region has long struggled with the concept of estate and succession planning
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Evelyn Partners adds sixth advice firm to succession programme
Deal will see four members of staff join the wealth management group
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DIFC unveils private wealth centre
To help UHNWs across the Middle East with succession planning
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When should families start succession planning?
Younger generations are ‘more demanding’ and want to be involved
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International inheritance and succession network hits the market
It will help individuals, family offices and advisers manage the complexities of cross-border planning
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Most HNWs in Middle East have no succession plan
Just 24% have a strategy in place to pass on their family business
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How advisers can help business owners with succession planning
Clients may be overwhelmed dealing with the challenges
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Succession planning legislation needs modern makeover
‘Antiquated’ laws are proving to be a thorn in the side of cross-border families