Intergenerational Wealth

Intergenerational wealth refers to the transfer of assets, money, and resources from one generation to the next, such as parents to children or grandchildren. It can include property, investments, businesses, and savings. This process often helps families maintain or grow their economic stability over time, enabling future generations to access opportunities that might otherwise be out of reach. Intergenerational wealth can influence social mobility, educational access, and overall economic well-being, shaping long-term financial security and legacy within families.