Inside the ‘trust reveal,’ where the superrich pass on generational wealth

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illuminem summarises for you the essential news of the day. Read the full article on The Wall Street Journal or enjoy below:

🗞️ Driving the news: Ultra-wealthy families across the U.S. are increasingly staging formal “trust reveal” meetings—highly choreographed sessions where heirs learn, sometimes for the first time, that they will inherit multimillion-dollar fortunes
• Advisers report a surge in demand as families grapple with how to transfer unprecedented levels of wealth while minimizing conflict and preparing younger generations for stewardship

🔭 The context: Over the next two decades, an estimated $84 trillion will pass from baby boomers and older generations to heirs, making wealth-transfer planning a core industry for private banks, lawyers and family offices
• Today’s reveals resemble executive briefings: advisers present timelines, governance documents, philanthropic expectations and investment philosophies
• The goal is to prevent shock, entitlement or mismanagement by introducing heirs to the responsibilities tied to enormous assets

🌍 Why it matters for the planet: How the superrich deploy inherited capital will shape climate investment trends, from renewable energy portfolios to nature-positive philanthropy
• With trillions in motion, advisers are increasingly integrating ESG mandates, impact-investing options and climate-risk disclosures into trusts, aligning intergenerational wealth with long-term planetary stability

⏭️ What’s next: More families are expected to institutionalize these reveals, adopting sophisticated governance models — family charters, sustainability clauses and multigenerational investment committees

💬 One quote: “Families want heirs prepared, not paralyzed,” said one wealth adviser

📈 One stat: The number of U.S. trusts exceeding $100 million has grown by double digits annually for the past five years

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