How can families prepare for generational wealth transfer?

Families can prepare for generational wealth transfer by engaging in comprehensive estate planning. This involves creating wills, establishing trusts, and updating beneficiary designations on financial accounts and insurance policies. Open and transparent communication among family members is also crucial to address expectations and minimize potential conflicts.

By hello@madebyluno.co.uk|2023-05-30T09:07:23+00:00May 30, 2023|Generational wealth transfer FAQs|0 Comments

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