Wills, Estates & Trusts
Jul. 26, 2024
Generational wealth and ensuring a lasting legacy
The “Great Wealth Transfer” is estimated to transfer trillions of dollars from one generation to the next within 20 years. Estate planning is crucial to protect hard-earned assets and ensure a smooth transfer.
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/linkedin.png)
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/twitter.png)
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/threads.png)
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/facebook.png)
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/people/avatars/000/227/117/original/Megan_Moghtaderi.png?1721927916)
Megan A. Moghtaderi
Principal, Offit Kurman, Attorneys at Law
![](https://s3-us-west-2.amazonaws.com/dailyjournal-prod/articles/images/000/379/914/original/shutterstock_2432338109.jpg?1721939026)
Generational wealth and ensuring a lasting legacy
The “Great Wealth Transfer” is upon us, with trillions of dollars estimated to pass from one generation to the next within 20 years. Cerulli Associates projects that through 2045 $84.4 trillion will change hands, with $72.6 trillion going to heirs, and the rest going to charities. Baby Boomers will be passing down their assets to Gen X, millennials, as well as Gen Z, creating an incredible ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In