The biggest wave of multigeneration wealth transfer is here and it's unstoppable. Is your family ready? The Wealth on Purpose team discusses a few realities that are likely coming your way and how they can change the lives of your spouse, children and grandchildren.

Key Topics:

• $124 trillion will change hands by 2048, the largest wealth transfer in history

• Wealth often goes sideways to a surviving spouse before reaching the kids

• Survivors face lower income but higher taxes and Medicare premiums after a death

• Roth conversions and survivor planning only work while both spouses are alive

• Women are projected to inherit the majority of transferred wealth ahead

• 70% of widowed women switch financial advisors within a year of loss

• Giving while living lets families pass on wealth and support loved ones sooner

• Most Americans don't feel confident managing a financial windfall

• Complex estates don't protect families from mistakes, having a real plan does

• Planning for the surviving spouse matters as much as planning for the kids

Connect with us: 

• Brian Diffily

• Brian Hartmann, CFP®

Visit our website:

• Granite Bridge Wealth