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Old 21-09-2020, 05:10 PM
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Thumbs up Parents shouldn’t wait to pass down their wealth

An honorable member of the Coffee Shop Has Just Posted the Following:

Parents shouldn’t wait to pass down their wealth

ANALYST REPORTS
Monday, 21 Sep 2020
By ERIN LOWRY

IN the coming decades, a Great Wealth Transfer will be upon us. Gen Xers and Millennials are expected to inherit trillions of dollars. Some estimates say as much as US$68 trillion will be passed down from Baby Boomers.

For parents (or other family members) who indeed plan on leaving behind a financial legacy, it can be far more effective to gift early instead of waiting...

Parents shouldn’t wait to pass down their wealth


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