Just two-thirds of parents age 55 or older with at least $500,000 in investable assets haven’t shared with their grown children what they’ll inherit or if they’ll inherit anything at all, according to a new study.
The largest intergenerational wealth transfer in American history is underway, with trillions expected to shift from Baby Boomers to their heirs over the coming decades.
Estate planning professionals agree that the upcoming 2026 changes create an opportunity for thoughtful updates rather than urgent or drastic overhauls.
When planning your estate, you need clarity and confidence. Seeking help from an estate planning lawyer can make this process less stressful and more straightforward.
Balancing the needs of aging parents and dependent children is one of the greatest challenges many adults face. It poses emotional, financial and legal difficulties. However, good planning can help.
