Skip to main content
CLOSE

Charities

Close

Corporate and Commercial

Close

Employment and Immigration

Close

Fraud and Investigations

Close

Individuals

Close

Litigation

Close

Planning, Infrastructure and Regeneration

Close

Public Law

Close

Real Estate

Close

Restructuring and Insolvency

Close

Energy

Close

Entrepreneurs

Close

Private Wealth

Close

Real Estate

Close

Tech and Innovation

Close

Transport and Infrastructure

Close
Home / News and Insights / Press / Charity not children: How UHNW individuals leave money to philanthropy while limiting their descendants’ inheritance

With increasing numbers of Ultra High Net Worth individuals opting to leave their fortunes to philanthropy, partner Elizabeth Neale discusses the implications on their families in an article for eprivateclient.

She states:

‘Most families want to give future generations the best possible start in life, and to support them as they navigate their way through. That support may be financial, emotional, or practical and every family will choose its own path. Human nature and the vagaries of life inevitably mean that some will work better than others. But there comes a point where enough may be enough or even too much. High profile individuals particular in the media and entertainment world (George Lucas, Daniel Craig, Sting) as well as tech (Bill Gates, Mark Zuckerberg) and financial services (Warren Buffett) have pledged to leave little or none of their estates to their children.’

Subscribers can access the article in full on the eprivateclient website.

Related Articles

Our Offices

London
One Bartholomew Close
London
EC1A 7BL

Cambridge
50/60 Station Road
Cambridge
CB1 2JH

Reading
The Anchorage, 34 Bridge Street
Reading RG1 2LU

Southampton
4 Grosvenor Square
Southampton SO15 2BE

 

Reading
The Anchorage, 34 Bridge Street
Reading RG1 2LU

Southampton
4 Grosvenor Square
Southampton SO15 2BE

  • Lexcel
  • CYBER ESSENTIALS PLUS

© BDB Pitmans 2024. One Bartholomew Close, London EC1A 7BL - T +44 (0)345 222 9222

Our Services

Charities chevron
Corporate and Commercial chevron
Employment and Immigration chevron
Fraud and Investigations chevron
Individuals chevron
Litigation chevron
Planning, Infrastructure and Regeneration chevron
Public Law chevron
Real Estate chevron
Restructuring and Insolvency chevron

Sectors and Groups

Private Wealth chevron
Real Estate chevron
Transport and Infrastructure chevron