Most wealthy Britons prefer not to share their inheritance plans with their families, according to a new study from Quintet Private Bank-backed wealth manager Brown Shipley.

Over half (54 percent) of respondents said they had not spoken to loved ones about plans to pass on wealth. More than two-fifths (42 percent) had not yet made a will, though 17 percent were planning to do so in 2023.

The report indicated that large numbers of wealthy people – those with ...