What is Generational Wealth?
Generational wealth also known as family legacy or family wealth is wealth that gets transferred from one generation of a family to the next. It can occur on the death of a parent or other family member, or during the life of both people. It is basically wealth that is passed down from one generation to the next. If you are able to leave something behind for your children or grandchildren, then you are contributing to the growth of generational wealth in your family.
Get this guide to get started on building your family’s legacy.