Saturday, July 15, 2023

Gen X Should Prepare Now for the Great Wealth Transfer

Estate planningAs Baby Boomers continue to age, Gen X should start preparing for how their wealth situation will change as the landscape shifts in what is known as “The Great Wealth Transfer.” There are potential risks to the next generation.

Communication with family is key. Gen X will be inheriting $140 trillion from the previous generation. Technology has made it easier to access financial advice and service. However, advice is not one size fits all.

For more information see Mark Kenney “Gen X Shoukd Prepare Now for the Great Wealth Transfer” Kiplinger, July 8, 2023.

Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.

Estate Planning – Generally | Permalink


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