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What happens if you transfer wealth from one generation to another?

The transfer of wealth from one generation to the next is a complex, multi-layered, emotional event. Parents who worked hard over the course of many decades will one day face their mortality and need to determine what they’ll do with their money.

What is the great wealth transfer?

Bankrate principal writer and editor James F. Royal, Ph.D., covers investing and wealth management. His work has been cited by CNBC, the Washington Post, The New York Times and more. Called the Great Wealth Transfer, the biggest wave of wealth in history will pass from Baby Boomers over the next 20 years, and its impact will be huge.

Will intergenerational wealth transfer dwarf the past?

An intergenerational transfer of wealth is in motion in America — and it will dwarf any of the past. Of the 73 million baby boomers, the youngest are turning 60. The oldest boomers are nearing 80.

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