Transferring wealth between generations: new priorities and old principles
When you’re transferring family wealth you want to keep unwanted liabilities, risk and arguments to a minimum; with philanthropy it’s about making your give-back to society as effective and sustainable as possible, and embracing the ideas of the whole family in the journey to making a difference in the world.
Finance, Accounting & Administration
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Following the most turbulent period in recent memory, Vistra surveyed over 600 professionals and conducted 20 in-depth interviews to better understand the challenges today’s global businesses and investors face. The result is the tenth Vistra 2030 report. Simon Filmer, who heads Vistra’s company formation sector, calls the latest report “our most comprehensive look yet at how and why businesses, investment firms, regulators and the industry itself are adjusting to a new kind of globalisation.”
The last decade has seen a dramatic rise in the number of ultra-high-net-worth individuals worldwide. The increase has spurred demand for family offices, which are evolving as the needs of ultra-high-net-worth individuals become more complex.
Cryptocurrencies such as Bitcoin and Ethereum have been making news for years due to their global popularity, high market caps and volatility. More recently, another blockchain-based digital asset has been grabbing headlines — the non-fungible token, or NFT.
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