The Great Wealth Transfer Isn’t Just About Money

What will the next generation inherit from us and what will they choose to carry forward?

The Great Wealth Transfer is underway and it’s about far more than money.

An estimated $124 trillion is expected to move between generations in the United States, with Millennials and Gen X expected to inherit nearly $18 trillion over the next decade alone. But here’s the more interesting question: What else gets transferred? Bank of America Private Bank

Values. Priorities. Family stories. And, potentially, a tradition of giving.

For families who have made philanthropy part of their lives, the transfer of wealth creates an extraordinary opportunity: not simply to tell the next generation where the family gives, but to invite them into the conversation about why.

That distinction matters.

A charitable legacy is strongest when it isn’t treated like another asset to be distributed. It becomes a living conversation, one that asks children and grandchildren what they care about, what they see in the world, and where they believe they can make a difference.