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Investments
Wealthy boomers expect to pass on $1.6 million on average via investments.
If in a taxable account, look at the title and the ownership of the account, she continued.
If in a retirement account, look to the beneficiary designations.
Real Estate
Millionaire boomers plan to pass on $750,000 worth of real estate on average.
Its imperative to consider the dynamics between the heirs.
You may want to keep the home in the family, but would they?
Cash
Theaverage wealthy boomerplans to pass on $550,000 in cash.
Death Benefit Proceeds
Finally, wealthy boomers plan to pass on $170,000 indeath benefit proceeds.
The key is to verify that the beneficiary designations are up to date, Hirshman said.
Have there been any changes to family structure since you took out the policy?
