Wealth-Transfer Shortfall?

Law and financial firms across the country are staffing up and expanding their trust services departments in anticipation of the much-heralded greatest wealth transfer of all time. But they may be disappointed along with many baby boomers. According to an article out this month in Trusts & Estates' sister publication American Demographics, the elderly may not bequeath as much as anticipated, because

Law and financial firms across the country are staffing up and expanding their trust services departments in anticipation of the much-heralded “greatest wealth transfer of all time.” But they may be disappointed — along with many baby boomers.

According to an article out this month in Trusts & Estates' sister publication American Demographics, the elderly may not bequeath as much as anticipated, because they are living longer, spending more and are worried about runn

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