November 2014: Intergenerational Wealth Transfer: Advice for the Next Generation

The shift in wealth from The Greatest Generation to the Baby Boomers to Generation X and today’s “Generation Now” has unique implications for our client families. A study by Cerulli Associates, a leading research firm, estimates that $16 trillion of assets will be passed down to the next generation in the coming 35 years. Put in perspective, that is roughly equivalent to the annual GDP of the United States. This shift presents very real investment, tax, legal and social opportunities and challenges.

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