Baby Boomers and Wealth Transfer
Baby Hold Onto Me… Whatever Will Be Will Be… Ready or not, it’s expected that within the next 25 years we will see one of the greatest wealth transfers of all time. Estimates of well over $60 TRILLION (yes, that’s a “T”) from Baby Boomers to their heirs or charities are expected. Naturally, the government will also get its cut. Those tasked with managing family assets will be faced with both significant opportunities and noteworthy challenges, especially when it comes to real estate holdings. The post-WWII economic boom saw unprecedented growth in all asset classes. Favorable ...