Intergenerational Transfer

Intergenerational transfer refers to the movement of assets, wealth, or resources from one generation to the next, typically from parents or grandparents to children or grandchildren. This transfer can occur through mechanisms like inheritance, gifts, or estate planning. It plays a crucial role in shaping economic stability and wealth distribution across generations. Such transfers can influence individuals’ financial security, social mobility, and economic opportunities, and are often a key consideration in discussions around wealth inequality, taxation, and retirement planning.