We are in the midst of the largest intergenerational wealth transfer in history. Over the next two decades, an estimated $84 trillion will pass from one generation to the next. But while the financial implications of this shift are massive, the psychological and...
Wealth transfer isn’t just about passing down money—it’s about preparing the next generation to manage, preserve, and grow that wealth responsibly. Yet, research shows that 90% of inherited wealth is lost by the third generation due to poor financial education, lack...
As we step into 2024, managing wealth transfer continues to be a significant concern for many families and individuals. Ensuring that your legacy is handed down as per your wishes is paramount. This guide delves into the crucial insights and strategies necessary for a...
The year 2024 marks a period of significant change in the realm of wealth transfer. As a wealth psychologist, I understand that this process is not just a financial transaction but a crucial transition involving emotions, relationships, and legacy. Here are expanded...
The transfer of wealth within families is a journey marked by much more than the exchange of assets. It is deeply interwoven with the fabric of family dynamics, where emotions, relationships, and long-held beliefs play a pivotal role. As a wealth psychologist, my...
The transfer of wealth, whether through inheritance, sale of a business, or other means, is often a milestone event in many lives. However, this process can be fraught with anxiety and emotional complexity. As a wealth psychologist, my role involves helping...
