Estate Planning For Generational Wealth Transfer

“The experts tell us that roughly $24-25 Trillion of real estate is going to change hands over the next 10 years. I don’t want to believe that my assets are going to go to somebody else, but one day the sun’s going to come up and the deed to my house is going to be in somebody else’s name,” stated CEO of National Land Realty Ronnie Richardson during a recent interview on RFD-TV.

With the looming generational wealth transfer set to take place in the United States over the next decade, Richardson stressed the importance of establishing an estate plan for landowners to protect their most valuable assets. He also noted the conversations that inheritors should be having with their landowning parents or grandparents today to better prepare for tomorrow. Read more about the importance of estate planning for landowners here! 

This article was originally written for the National Land Realty Blog.