The Great Wealth Transfer: Navigating Legacy and Financial Well-being

ORBITINDONESIA.COM – The 'Great Wealth Transfer' is reshaping financial legacies globally, with $124 trillion set to change hands by 2048.

The impending transfer of wealth from older generations to younger ones presents challenges and opportunities. Families must strategically plan to ensure their financial legacies align with their values.

Effective wealth transfer requires more than asset allocation. It involves preparing heirs through communication and financial education. Cerulli Associates highlights that without preparation, wealth can quickly dissipate, leading to potential family conflicts.

While many parents hesitate to discuss finances due to discomfort or fear, proactive communication mitigates future complications. Financial advisors play a crucial role in facilitating these discussions and creating robust plans for wealth preservation.

As the 'Great Wealth Transfer' unfolds, families must focus on building trust and understanding. Reflect on how open dialogue and education can create a lasting financial legacy that strengthens family bonds for generations.

(Orbit dari berbagai sumber, 12 September 2025)