Tatler: Why Young Ultra-High-Net-Worth Individuals Need a Will
New Quadrant partner Flora Hussey contributes expert commentary to a Tatler feature examining why estate planning is increasingly relevant for the ultra-wealthy younger generation.
Flora Hussey, partner at New Quadrant Partners, was invited to contribute expert commentary to a Tatler feature by Annabelle Spranklen examining why young ultra-high-net-worth individuals should be thinking seriously about estate planning.
The piece notes that affluent teenagers now frequently hold six-figure portfolios through digital assets, investments and trust distributions — making wills a modern necessity rather than an elderly formality. Flora recommended beginning estate planning discussions in the mid-twenties, in staged conversations, to avoid overwhelming younger clients while ensuring their intentions are properly documented and protected.
Flora highlighted the role of philanthropic structures as an accessible entry point into planning: "We have a Donor Advised Fund for clients and run a number of family charities. Those structures can be used as a gentle introduction to planning while promoting the growing philanthropic trend amongst the next generation."
Flora Hussey is recognised in the Tatler Address Book for Tax, Trust & Estate Planning expertise. If you would like to discuss estate planning for yourself or the next generation of your family, please do not hesitate to get in touch.