It is expected that more than $100 trillion, representing part of the Great Inheritance, will be transferred from one generation to another over the next twenty years. This means that the capital will be passed on to the children and grandchildren of wealthy owners. This process is planned to be carried out with minimal tax expenses to preserve the value of the inheritance.
The main reason for such a large transfer of wealth has become the aging of wealthy people around the world. This opens up the possibility for new strategies and methods of transferring inheritance to be created. It is planned that these means can be used for various purposes, including protecting the environment and combating inequality. Moreover, such changes allow for the creation of new jobs and reduce pressure on taxpayers.
"We must use this immense wealth to achieve a more just and sustainable society," noted one of the experts. Currently, there is a discussion about how to optimize the transfer of wealth to ensure it brings the maximum benefit to society.
