When a $30 million inheritance becomes a shock: Why heir readiness matters more than tax planning
Are your clients’ heirs ready to take on the wealth they will one day inherit?
As the largest wealth transfer in history continues, preparing heirs, not just portfolios, has become a critical part of thoughtful estate planning. For many high-net-worth families, estate planning focuses on tax efficiency and how assets will transfer. But an equally important question is whether the next generation is prepared to steward that wealth.
Our Director of Estate, Tax, and Financial Planning, Brad Repinsky, shares what he sees working with high-net-worth and ultra-high-net-worth families. When heirs haven’t been brought into the conversation, or don’t understand the purpose, structure, or responsibility behind the wealth they’ll receive, even well-designed plans can create confusion or unintended outcomes.
Brad shares strategies advisors can use to prepare the next generation in InvestmentNews: When a $30 million inheritance becomes a shock: Why heir readiness matters more than tax planning
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