What Is the Great Wealth Transfer?

According to research, the great wealth transfer is referring to approximately $30 trillion in assets that will be passed on from baby boomers to their children and grandchildren in the next couple of decades. This creates numerous challenges for beneficiaries, baby boomers themselves and the financial industry as well. Many of these aging baby boomers… Read More »

Transferring S-Corporation Shares Requires Caution

If you hold shares in an S Corporation, it is important that you carefully plan for the transfer of your shares. Without careful transfer, it is possible for shareholders to inadvertently terminate the Corporation’s S election during the process of estate planning. A recent article discusses how to avoid this fate. Subject to certain exceptions,… Read More »