Kiplinger
By Stephen B. Dunbar III
October 26th, 2025
The key to guiding your heirs through The Great Wealth Transfer is to start preparing today…
By 2048, a record-breaking $124 trillion could pass from an older to a younger generations in what has been dubbed the Great Wealth Transfer — with significant implications for the U.S. economy.
But the mechanics of this transfer within individual families are equally important, especially if heirs aren’t logistically or mentally prepared to inherit a large sum.
Despite its significance, only 31% of Americans have a will, even though 83% recognize the importance of estate planning, according to Trust & Will’s 2025 Estate Planning Report. This disconnect leaves many families vulnerable to confusion, conflict and financial missteps.
With clear instructions and all assets accounted for, the transfer itself can be smooth, allowing loved ones to focus on grieving and honoring your memory.
