Intergenerational Wealth

Generational wealth, by definition, refers to assets passed down from one generation to the next, allowing you the ability to leave a significant bequest to your descendants. Real estate, stock market investments, a business, or anything else with monetary value are examples of these assets.

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Those who inherit riches from their parents or grandparents have a huge financial edge over those who do not. They are likely to be able to avoid student loans and other sorts of high-cost debt. Instead, their inheritance could be used to fund income-producing investments, appreciating assets, or even the purchase of their first home.

Luckily there are several ways you can build and keep your intergenerational wealth where it belongs – in your family. One of these is by working with a financial advisor to make sure that you are putting your money where it needs to go and ensure that you are making the right decisions with your wealth. Message us today for more information!

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