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The Wealth Transfer Crash: Why Traditional Estate Planning Isn't Working

Released on Wednesday, March 17, 2021ESTATE PLANNING
Our nation is on the verge of the largest transfer of wealth from one generation to the next in history. Sadly, only about 50% of the wealth makes it to generation two, and only about 10% makes it to generation three. The wealth either gets hijacked and does not arrive at the intended destination, or it crashes and burns instead of landing safely. Troubles such as divorce, lawsuits, dependency, entitlement, addiction, and dysfunctional relationships are symptoms but not the cause. A crucial part of the wealth transfer mechanism is broken. There is a solution. Tune I to find out what the problem is and how to fix it.

Rick Durfee
Durfee Law Group, PLLC, Principal and Founder

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