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What's Eating Away at Inheritance Money

Bloomberg Markets
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⚡ Quantum Brief
Inheritance erosion is accelerating due to rising taxes and inflation, warns Paula Steele, director at John Lamb Hill Oldridge, speaking at a Bloomberg subscriber event in London on March 18, 2026. Trust structures and estate planning are failing to keep pace with regulatory changes, Steele notes, forcing beneficiaries to absorb unexpected costs that shrink legacy wealth transfers. Digital asset inheritance—including crypto and NFTs—remains a blind spot for traditional advisors, exposing heirs to loss or legal disputes over unclaimed or poorly secured holdings. Geopolitical instability, like the Iran conflict, indirectly devalues inheritances by spiking energy costs and market volatility, further reducing disposable wealth for future generations. Steele urges proactive tax strategies and modernized estate tools to counter erosion, emphasizing that passive planning now risks leaving heirs with significantly less than intended.
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Mar 18th, 2026What's Eating Away at Inheritance MoneyPaula Steele, director at John Lamb Hill Oldridge, talks about passing along an inheritance. She speaks to Bloomberg's Merryn Somerset Webb at an event for Bloomberg.com subscribers in London on March 18.Duration:4:40Iran Says US, Israel Struck Giant Gas Field in the GulfDuration:3:08Jeff Currie Says Oil Is ‘Mispriced’ at $100 Per BarrelDuration:1:30Prices Paid to US Producers Rise on Goods, Services CostsDuration:1:00Iran Vows Revenge as Security Chief Larijani KilledDuration:0:40Paul Asks Sen.

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Source: Bloomberg Markets

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