Tuesday, July 2, 2024

Intergenerational Wealth Transfer -- CNBC's View -- July 2, 2024

Locator: 48036B.

I've added a new tag: "wealthtransfer." I should have done that quite some time ago, but better late than never. 

I've begun the process. In the past week:

  • I've added to grandchildren's "529" on four occasions.
  • I've moved a significant amount of cash from personal account to account designated for youngest granddaughter.
  • I've added the usual monthly cash amount to the account of the youngest two grandchildren
  • I've added no new money to my own accounts; all new money has been moved to grandchildren's accounts.

The story below does not concern me for any number of reasons.

Today, from CNBC:  

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.