The Puritan poet Anne Bradstreet once wrote Wisdom without an inheritance is better than an inheritance without wisdom As Baby Boomers age it's estimated they'll leave a tidal wave of wealth to their heirs perhaps as much as trillion by But is the next generation ready for that wealth The Biblical Perspective on Inheritance Anne Bradstreet's wisdom likely stemmed from Ecclesiastes - highlighting wisdom's value alongside an inheritance This biblical perspective underscores the importance of preparing heirs with wealth and the wisdom to manage it Current State of Wealth Transfer PreparednessResearch indicates that while Boomers are poised to make the
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