Discussing Family Legacy Plans? 5 Tips to Navigate ‘the Talk’
by Julie Virta, CFP®, CFA, CTFA
Mar 23, 2022
2 minutes
Passing wealth through generations can be fraught with complexity. Money is often an emotionally charged topic, and an older generation’s plans and intent for transferring wealth can trigger an array of reactions from younger family members.
that by 2045, $72.6 trillion will be passed on to heirs, and another $11.9 trillion will be donated to charities. The sheer magnitude of this generational wealth transfer amplifies the need for families to develop, and talk through, detailed legacy
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