Why it matters
Intergenerational wealth transfers are complex and fully 70% of them fail – leaving families, assets, and futures, in a precarious state. Research has shown that 85% of wealth transfers fail because of either a breakdown in communication or inadequately prepared heirs.
Providing security for a family requires honoring values, thoughtful discussion, planning, and expert consideration of financial outcomes and fiscal policy. This is about more than just taxes. Cooperative end of life planning prevents the dysfunction that often accompanies death and enables families to remain whole – both financially and emotionally.