Pass it on: how to transfer assets to your children

Comment: If you are thinking of transferring wealth to your offspring, you need to start planning the process right now.

Brian Walsh is head of financial planning at Davy Private Clients.

There’s an interesting paradox at the heart of almost every conversation I have with clients about succession planning.

Having worked all their lives, becoming successful and wealthy in the process, they now find themselves in a position to help their children – and to do so while they are still alive. This is how the conversation often goes: “I had to work hard to get where I am today, and there were plenty ...