The U.S. is on the brink of a massive financial shift known as the Great Wealth Transfer, with an estimated $70 trillion set to pass from Baby Boomers to Millennials and Gen Z. However, many heirs aren’t financially prepared—one in three burn through their inheritance within five years. A lack of financial literacy and planning, combined with emotional factors like grief and family conflict, makes this transfer risky. The speaker emphasizes the importance of financial education and working with Certified Financial Planners (CFPs) to navigate this transition responsibly.

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