Boomer generational wealth transfer: Anyone expecting to become wealthy?

The baby boomers are currently in the process of receiving a $12 trillion wealth transfer from their parents, and the boomers are expected to pass on about $30 trillion to their heirs.

Anyone expecting anything substantial? One of my friends just received a trust account with about $3m from his grandfather, which I'm incredibly jealous about. He has been traveling overseas for 9 months straight now.

and then on the other hand
Sting's offspring to get zilch.

**** off Nucky.

Marc Summers wrote:The baby boomers are currently in the process of receiving a $12 trillion wealth transfer from their parents, and the boomers are expected to pass on about $30 trillion to their heirs.

Anyone expecting anything substantial? One of my friends just received a trust account with about $3m from his grandfather, which I'm incredibly jealous about. He has been traveling overseas for 9 months straight now.

Will you spend your money on Magic cards?

Jake from State Farm wrote:and then on the other hand
Sting's offspring to get zilch.

He's British.....that doesn't count here. I'm not too familiar with inheritance tax laws in England, but I'd imagine he is saying this so he can transfer most of it overseas and set up trusts to avoid giving like 75% to the government.

Marc Summers wrote:The baby boomers are currently in the process of receiving a $12 trillion wealth transfer from their parents, and the boomers are expected to pass on about $30 trillion to their heirs.

Anyone expecting anything substantial? One of my friends just received a trust account with about $3m from his grandfather, which I'm incredibly jealous about. He has been traveling overseas for 9 months straight now.

Seeing MSU based message boards be Nuckyless would be great than monetary wealth.

Go out and play in lightning storms.

Nuckys favorite recurring theme. ... Money and retirement.

You're poor, bro. You'll always be poor. Just accept it and move on. Keep playing lotto, though... We need the idiot tax revenue.

Yeah....... until yesterday.

WBill wrote:Yeah....... until yesterday.

That's a lot of Carbon footprint..like probably a million cars for a year's worth   

DroppedByADime wrote:Nuckys favorite recurring theme. ... Money and retirement.

You're poor, bro. You'll always be poor. Just accept it and move on. Keep playing lotto, though... We need the idiot tax revenue.

Haha, yes that's it. I have no money now, and don't expect any type of inheritance down the road.