The benefits (and traps) of multigenerational wealth transfers

The benefits (and traps) of multigenerational wealth transfers

Thinking of passing it on sooner, while you can watch your kids and grandkids enjoy their inheritance? Read this first. Photo: YuriArcursPeopleimages. For decades, the standard script went something like this: work hard, build assets, write a will, pass it all on when you’re gone. But these days, more families are choosing to transfer wealth while they’re still alive, helping adult children — and even grandkids — when the money can genuinely cha…