Affluent Need Help Discussing Wealth Transfer with Heirs…

February 2007
Journal of Financial Planning;Feb2007, Vol. 20 Issue 2, p12
Academic Journal
The article presents statistical data on the subject of mass affluent families discussing wealth transfers with successors. According to the author, most parents are not talking to their families about estate planning or wealth transfer, but instead they are talking with their financial advisors. Some of the data included points out the amount of parents and adult children who have not talked about the location of assets, the amount of married late boomers who have no will, and the amount of parents who would encourage their own financial advisor to discuss wealth transfer with their children.


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