The great wealth transfer is underway, with women tipped to be the major beneficiaries by 2030. The only problem is that many of us – particularly those with the most money – just aren’t ready for it.
UBS says that more than 40 per cent of high net-worth individuals do not have a will, 50 per cent don’t know the value of their inheritance and 49 per cent do not know where all the wealth is.