In this episode of Podcasts by Brodies, legal experts Emily Pike and Stewart Gibson discuss the subject of inheritance and succession planning, unpacking the findings of an exclusive YouGov survey commissioned by Brodies.

 The survey showed that only 25% of respondents have a full estate plan in place— and highlighted a significant gap between awareness of the subject of succession planning and action. Emily and Stewart explore common misunderstandings around inheritance tax, gifting, and intestacy, as well as the emotional barriers preventing families from discussing wealth transfer.

 With major inheritance tax reforms set to take effect in April 2026, including new caps on relief for business and agricultural assets, the urgency for proactive estate planning has arguably never been greater. Through real-life examples, Emily and Stewart illustrate the risks of avoiding the conversation and the immense value of early planning, as well as: 

• key takeaways from Brodies’ latest YouGov survey;  
• why 58% of individuals haven't spoken to their families about inheritance;  
• common misconceptions about tax, gifting, and intestacy;  
• how proactive planning protects both assets and family relationships;  
• how upcoming inheritance tax changes will impact estate planning; and
• essential steps to start meaningful wealth transfer discussions.  

Access the full survey report via brodies.com/wealthtransfer