Wealthy Gen X and millennials want to give their money away while they're still alive. Boomers? Not so much

Only 21% of "Wealthy Boomers" want the next generation to enjoy their money while they're alive, compared to 44% of "Wealthy Gen X" and 53% of "Wealthy Millennials".

Younger wealthy Americans anticipate reshaping legacy planning, with 97% of Gen X and Millennials planning to distribute wealth during their lifetimes, versus just 56% of Boomers.

Most Gen X and Millennial respondents plan to pass on their wealth with stipulations, in contrast to 34% of Boomers who have similar conditions.

The average wealthy American intending to pass on their wealth expects to distribute $4.1 million, with Millennials estimated to pass on the most at $4.7 million.

Read at Fast Company