America is in the midst of the greatest wealth transfer in history. Over the next decade, an estimated $80 to $100 trillion will pass from baby boomers to their children and grandchildren. But one critical question remains: Will their heirs be ready for it?
A 2023 study by AMG National found that 90% of inherited wealth disappears by the third generation. That sobering statistic is leading more families to ask: How do we build wealth that actually lasts?
Here are five key tips for building real generational wealth.
This post originally appeared at DUE.