Wednesday, January 21, 2015

Largest Wealth Transfer in History is Coming

This article first appeared online at TheNewAmerican.com on Tuesday, January 20, 2015: View image | gettyimages.com According to a study just published by Wealth-X and National Financial Partners, $16 trillion of wealth belonging to 211,275 “ultra-high net worth” individuals will be passed on to the next generation over the next 30 years. $6 trillion of that wealth is located in the United States, and financial “consultancies” such as Wealth-X and NFP are gearing up to help them manage the transfer. Two-thirds of that wealth was created by entrepreneurs starting businesses, and these entrepreneurs are now faced with questions on the future of their money:Keep Reading: Largest Wealth Transfer in History is Coming Tags: Federal Government, incentive, Income Tax, justice, politician, private, profit, Taxes, taxpayer The post Largest Wealth Transfer in History is Coming appeared first on Light from the Right.



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