"The Trillion-Dollar Inheritance: Gen X and Millennials Set to Receive Massive Wealth Transfer"

Generation X and millennials are set to inherit trillions of dollars from their baby boomer parents over the next 20 years, potentially alleviating financial struggles for many. However, this transfer of wealth could exacerbate income inequality. Financial planning and education are crucial for the recipients, and families are advised to have open and honest conversations about the wealth transfer, including setting up estate plans and discussing values and goals for the inherited assets.