The world’s wealth is about to change hands on a massive scale. Today, baby boomers control more than half of America’s wealth — roughly $78.5 trillion, or 51.8% of the nation’s total. (1) They also make up nearly half of the globe’s ultra-wealthy, defined as individuals worth at least $30 million, according to a recent ALTRATA report. (2) But that is about to change. Over the next two decades, trillions of dollars will be turned over to their heirs in a shift that is being called "The Great Wealth Tran ...

A tense call to The Ramsey Show turned explosive when a young man revealed that his father was pressuring him to surrender a six-figure inheritance in exchange for a few thousand dollars upfront.Father Pushes Son To Release $300,000 TrustOn Wednesday, a caller identified as Jack explained that his late grandfather had created a trust for his three children, with two receiving lump sums and Jack's father receiving annual payments due to a history of poor financial decisions. When Jack's father dies, the rema ...

The super-rich call them “trust reveals.” Inside the meticulously planned events where the next generation finds out who inherits the ski lodge. https://t.co/qYbaUOacNc ...

Figurines, coins and model trains. As the $90 trillion Great Wealth Transfer begins, millennials and Gen X aren’t just inheriting money — they’re inheriting their parents’ stuff.@Rovzar breaks it down https://t.co/tzfyLWhI6Z https://t.co/Gxjp73RWia ...

Why are people expecting to inherent anything from their family members? ...

RT Kurt Supe, CPA & Retirement Planner (@KurtSupeCPA)Your son makes $92K and just turned 40 in a rental apartment.You have $5.1M collecting dust.Explain that to me.My client watched this happen for 3 years."I don't want to enable him."Enable him to what? Own a home?Stop bleeding $2,800/month in rent?Give your grandkids their own bedrooms?We finally structured a $225K gift last month.Now his son owns a home. The grandkids have a yard. And he gets to hang out with his grandkids in a space they'll remember for ...

RT Kurt Supe, CPA & Retirement Planner (@KurtSupeCPA)Your son makes $92K and just turned 40 in a rental apartment.You have $5.1M collecting dust.Explain that to me.My client watched this happen for 3 years."I don't want to enable him."Enable him to what? Own a home?Stop bleeding $2,800/month in rent?Give your grandkids their own bedrooms?We finally structured a $225K gift last month.Now his son owns a home. The grandkids have a yard. And he gets to hang out with his grandkids in a space they'll remember for ...

RT Johann Kurtz (@JohannKurtz)Very proud to release 'Leaving a Legacy: Inheritance, Charity, & Thousand-Year Families'.The book addresses a key question: Why should we leave wealth to our children and not to charities?Clarity is necessary. We're on the verge of the greatest wealth transfer in history as the post-war generation nears the end of their lives.A crisis of confusion has gripped our family leaders:Should they leave their wealth to their children, or would this spoil and corrupt them? Should they g ...

“I want my inheritance now.” From forced property transfers to drained pensions, older people are increasingly losing their life savings to family members. https://t.co/npI1rCPVn1 ...

“I want my inheritance now.” From forced property transfers to drained pensions, older people are increasingly losing their life savings to family members. https://t.co/n4vxw6Sh7o ...