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Americans ages 70 years and older hold 27 percent of all U.S. wealth, with a total net worth of $35 trillion, according to Federal Reserve data.
The largest transfer of wealth in modern history is beginning to take shape as the baby boomer generation plans to transfer the extraordinary stockpile of money they have accumulated.
When reporter Christin Yates of the Daily Memphian recently wrote about this massive transfer of wealth, Harris Shelton Attorney Chad Roberts, who practices in the areas of taxation and estate planning, joined the conversation. Read more about Chad’s insights on this hot topic in the Daily Memphian.
If you need assistance with your estate planning, call Harris Shelton today at (901) 525-1455.