The recession could either speed up or slow down when you get your inheritance—experts say these are the huge deciding factors

Family discusses inheritance plans. (Credit: Pascal Broze / Getty Images)

• It’s projected that $84 trillion will be passed down in the ‘great wealth transfer’ by 2045—but the timeline could change if an economic downturn hits. JPMorgan economists have raised the probability of a U.S. recession this year up to 40%—here are the deciding factors experts say will sway the speed of monetary gifting.  

America’s retirees and baby boomers are holding onto a mountain of wealth, but that will all change in the next couple decades. A possible recession could speed up or slow down the timeline of the ‘great wealth transfer’ depending on three key factors.