Generational Wealth Transfer
Generational Wealth Transfer
Generational wealth transfer is the process of distributing your estate.
Also called Legacy Planning.
Who gets what, where, when and how.
This process ranges from personal gifts to formal asset distribution established with wills and trusts for example.
The generational wealth transfer perspective is broad. It covers the transfer of financial assets, non-financial assets, education and opportunity, estate planning and asset protection.
Challengers and Consdierations
Family dynamics, changing values, equal vs. fair, philanthropy.
Generational wealth transfer extends beyond the transfer of financial assets. It encompasses values, education, culture, and a commitment to shaping the financial well-being of future generations.