Financial Post
April 13, 2022.
Alexandra Horwood writes about the Great Wealth Transfer represents an unprecedented passage of capital and values from one generation to the next, with approximately US$30 trillion passing from baby boomers to 90 million millennials over the next decade.
Although every family is unique, the best way for parents to transfer their wealth to the next generation is rooted in a foundation of financial literacy, open discussion and honest communication.