It turns out that all young adults might be inheriting nothing more than their parents’ tendency to fall asleep while watching TV or walk five feet ahead of their children on a family vacation. Quirks are easy, but getting money passed down seems to be a different and much trickier story.
Murmurs of a “Great Wealth Transfer” have been around for some time now, as many Americans anticipate an inheritance from their older relatives. The silent generation and baby boomers account for a greater share of the nation’s wealth than their younger counterparts, leaving the more financially insecure generations waiting for a $90 trillion windfall.
