As America stands on the cusp of the largest wealth transfer in history, both inheritors and creators are increasingly turning to trusts as their preferred vehicle.

There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business ...

Home Kiplinger Advisor Collective Six Steps to Take if You've Recently Inherited Money From a Loved One It’s important to deal with the emotional aspect first before tackling the financial one.

In part, the inheritance boom is a reflection of a wealthier and ageing society. As economies have become richer, they have accumulated capital per worker—capital that someone has to own. But ...

There are two entirely reasonable responses to this. One is to worry about the new inheritocracy harming society: how it could corrode incentives to work, say, or widen inequality and distort the ...