Passing on Wealth: The role of philanthropy in effective family succession planning for high net worth individuals

Venue: Bircham Dyson Bell, 50 Broadway, SW1H 0BL
Start: 22/09/2008 - 15:15
End: 22/09/2008 - 17:00
Organiser: European Association for Planned Giving
Fee: 0
Tel: 01622 859356
Email: sue@plannedgiving.org.uk
Website: EAPG

EAPG London Roundtable
5.15pm welcome for 5.30-7.00pm

Chair: Rupert Ticehurst, Herbert Smith LLP
Discussion panel: Simon Weil, Bircham Dyson Bell LLP
Theresa Lloyd, Theresa Lloyd Associates; Charles Gothard, Speechly Bircham LLP.

This interactive discussion will focus on one fundamental question: what role can and should philanthropy play in the succession planning of very wealthy individuals and families? Far from being an afterthought that serves as a means of using ‘leftover’ cash once the majority of assets have been disposed of, can philanthropy and tax-efficient giving become vital components of effective succession planning? Should they be integrated from the very start of the process, helping families to focus on the strategic aims of their planning and what they want to achieve with their money, in his generation and the next? What can charities and professional advisors do to engage with the philanthropists of today and tomorrow?

• A golden rule of succession planning: how inherited wealth should enhance the lives of your children, but not fundamentally change their lives. How can philanthropy help children of high-flying parents to carve out their own sense of personal achievement and ability?
• Is money good for you children? What are the benefits of philanthropy for the next generation of a family, and how can it enable a client’s children to learn the value of money and how to use it constructively?
• The absence of proper succession planning: how many wealthy families in the UK actually plan the transfer of wealth to the next generation effectively?
• Improving your advisor-client relationship: what are the benefits of addressing those ‘soft’ donor issues that embody a donor’s values, ambitions and passions.
• How can charities better engage with donors wishing to donate time and expertise as well as money, and through build a lasting relationship with the next generation of philanthropists?

Monday 22 September 2008
5.15 pm welcome for 5.30 – 7.00 pm discussion,
followed by drinks and refreshments
Host & Venue: Simon Weil, Bircham Dyson Bell, 50 Broadway, SW1H 0BL
Nearest Underground stations: St James’s Park, Victoria
To attend EAPG’s London Roundtable, ‘Passing on Wealth’, please email sue@plannedgiving.org.uk. Non-members are welcome to attend one roundtable in order to judge the value of our events first-hand.
EAPG is registered with the Charity Commission for England and Wales (charity # 1089157)