“Guiding Families Through The Great Wealth Transfer,” by Dave Alison, Advisor Magazine
“The Great Wealth Transfer is no longer a thing of the future — it’s happening now. As we enter 2026, trillions of dollars are poised to move from the Silent Generation and Baby Boomers to younger generations. According to a recent survey from MDRT, 60% of consumers ages 59 and below expect to inherit wealth, while 64% of consumers ages 60 and above plan to pass wealth to heirs. However, many Americans are either overlooking or making critical mistakes with one of the most important components of the wealth transfer: estate planning. Whether it’s believing they don’t have enough assets to justify a plan, hesitating to involve family members in sensitive conversations, or assuming their documents are ‘set it and forget it,’ clients are navigating a landscape filled with persistent misconceptions.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Remember when the big story was wealth transferring from the WWII generation to the boomers? We urged boomers to use their newfound prosperity to insure for LTC. But easy access to Medicaid after care is needed crowded out that demand … and still does. For how to solve the LTC financing dilemma once and for all while putting the new wealth transfer to younger generations to good use, read the Paragon Health Institute’s “Long-Term Care: The Problem” and “Long-Term Care: The Solution” and watch this “virtual LTC event” featuring age wave visionary Ken Dychtwald and leading LTC researchers. To find ample private funds for LTC, check out “Medicaid’s $100+ Billion Leak.” For what not to do, see “Medi-Cal-amity: California’s Reckless Expansion of Medicaid Long-Term Care to the Affluent.” Much more on long-term care here.