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✉news BusinessPersonal Finance first seen 13 h ago, last 1 h ago, peak #7

$124 Trillion Wealth Transfer Underway, Most Families Unprepared

Original: $124 Trillion Is Changing Hands Through 2048 and Two in Five Families Haven't Had the Talk

An estimated $124 trillion is set to change hands through 2048 in what analysts call the largest wealth transfer in history, yet roughly two in five families have not discussed inheritance plans. The figure highlights a growing gap between the assets moving between generations and the lack of estate planning conversations happening within households, leaving many heirs unprepared.

Why now: The scale of the generational wealth transfer and families' lack of preparation make inheritance planning a timely concern.

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