Why good governance is so important for wealth planning 

The global population of ultra high net worth individuals (UHNWs) continues to grow. According to Knight Frank, the world's population of UHNWs rose by 9.3% in 2021, following on from growth of 2.4% in 2020. But what motivates UHNWs to do anything with their assets, other than keeping them in their own name until they die?  Fred Milner, counsel in the international trusts & private clients team at Mourant in Jersey, discusses lifetime planning, client behaviour and the importance of good governance. Understandably, UHNWs want to ensure their wealth is protected for future generations....