This article references a number of good reasons why inter-generational wealth transfers occur; but fewer relating to two of the most important questions: WHY are Parents & Grandparents & other Family members motivated to transfer their wealth to the next generation? HOW best to responsibly prepare the recipients for a legacy gift?
We will address these questions (and others ) in this series.
From the Globe and Mail: Dead or alive: When is the right time to transfer wealth?