Proactive communication key to smooth generational wealth transfers: report

Proactive communication key to smooth generational wealth transfers: report


Research

August 25, 2023

HNWIs that fail to prepare for generational wealth transfers could stand to lose up to 40 percent of their estates to taxable events. Image credit: Raymond James

 

HNWIs seeking the best outcomes for shifting capital to those next in line are being urged to speak up.

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”,”iv”:”3e748d31ecf25c06465ccd6069ce447d”,”s”:”732ee966423bac2f”}


 





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About the Author: Tony Ramos

Article Content Writer We write content articles for all businesses. We produce content that can include blog posts,website articles, landing pages, social media posts, and more. Reach out for more information to mydailyrealestatenews@gmail.com, "Best regards" Tony.

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