"Let's explore the challenges inheritors may face, and practical actions families can take to navigate this journey with clarity and confidence. Yet with so much information-and so many competing voices-many inheritors won't know where to begin. Financial jargon, complex strategies, and a lack of trusted relationships often leave individuals feeling overwhelmed. Confidence suffers when expectations aren't met because every investor engages with wealth differently. That's why families need tailored tools, conversations, and strategies to feel prepared."
"While it can be incredibly difficult to think about wealth and death, we've seen tremendous success when families discuss the values first (not the dollars), communicate the intentions of their wealth, and bring the inheritors into the dialogue early and often. Better yet, rehearse the transfer. Families that practice the plan by walking heirs through what would happen at incapacity or death reduce chaos and the stress for the people left behind because it's one less thing they must figure out while grieving."
Nearly $124 trillion will change hands over the next 25 years, transferring first to spouses (predominantly women), then to Gen X, Millennials, and Gen Z. Many inheritors will feel overwhelmed by financial jargon, complex strategies, and competing advice, causing confidence to suffer when expectations are unmet. Families should initiate early conversations focused on values, communicate intentions clearly, and involve inheritors in plans. Rehearsing transfers and walking heirs through incapacity or death scenarios reduces chaos and stress. Women are likely to receive significant assets and often need targeted education and trusted guidance from wealth managers.
Read at Fortune
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