As baby boomers head deeper into retirement, financial experts say we are on the verge of a “great wealth transfer.” By 2048, approximately $105 trillion in assets will be transferred to heirs as the ...

The young middle-class is increasingly adopting subtle yet effective strategies to build generational wealth. By focusing on disciplined financial habits, they are transforming everyday earnings into ...

My mother never had substantial savings, investments or anything of value other than her house. It was her wish to pass on her only significant asset to her three kids: me, my brother and my sister.

More than half of parents have not shared their net worth, and 68% have not discussed what their children may inherit or when ...

As the old saying goes, you can’t take it with you. But at the same time, leaving something to your kids is nice too. But the kids of Gen X — Gen Z and some millennials — might be in trouble, ...

Black entrepreneurs and franchise leaders gathered at the Reginald F. Lewis Museum in Baltimore on Sept. 27 to explore how ownership and franchising can create generational wealth. Now in its 11th ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For high-net-worth families, wealth often transcends mere ...

After more than three decades serving clients as Abbott Wealth Management, the Kamloops-based firm has announced a major ...

When you imagine the wealthiest people you know — whether in real life or on the covers of magazines — you know that hard work or good luck (or a combination of both) likely played a role in building ...

Buying and maintaining a home builds an equity (ownership) stake you can pass down to your heirs. It’s especially significant nowadays when record-high home prices and elevated mortgage rates can make ...