Good morning! The Trump administration wants to dismiss lawsuit restricting abortion pill access, the end of a tariff loophole could hurt UPS, and a new UBS report finds women are facing hurdles in the great wealth transfer.
- Talk it out. Women are set to receive tens of trillions of dollars in the great wealth transfer, the passing on of assets already in motion that could see as much as $105 trillion change hands over the next two decades. Not only will women inherit wealth from their parents, but many will become the sole decision-makers for their household's wealth after widowhood. Baby boomer women alone are set to receive almost $40 trillion from partners in the coming years, according to UBS.
And while there's been a growing awareness of the great wealth transfer over the past few years, one under-discussed aspect of it is whether or not heirs, particularly women, are prepared—emotionally or logistically—for their inheritances.
