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However, some want to share theirwealthearly before they die.
Heres how and why these generations are choosing to share wealth before passing away.
Also seewhat every generation needs to know about the great wealth transfer.
Why Are Millennials and Gen X Sharing Wealth Early?
According to Hirshman, families may want to consider and reflect onwealth, philanthropic, interpersonal and business values.
Focus should be on where values overlap, she added.
Plan, plan and plan, Hirshman said.
Dont forget to look up a generation.
And if you find you want extra help, seeking out a financial advisor could be a good idea.
According to Hirshman, financial advisors can support clients who want to transfer wealth early in multiple ways.
Additionally, an advisor can assist in evaluating financial situations to determine the best course of action.
And finally, an advisor can help execute these plans.
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