The Baby Boomer Generation: Planning Tips for the Great Wealth Transfer
Join us for an insightful discussion on what professional advisors can expect as the largest generation in our nation's history plans for their legacy. Matthew Monaghan, CFP®, CLU®, ChFC®, RICP®, Wealth Management Advisor with Northwestern Mutual Wealth Management Group, will cover the impact on future generations receiving wealth, effective communication strategies for wealth transfers, and comprehensive legacy planning.
Event Details:
- Tuesday, April 8
- 11:30 am - 1 pm
- Community Foundation of Northeast Iowa (3117 Greenhill Circle, Cedar Fall, IA)
1 hour of continuing education credits for CFP and CLE. In-person and virtual options are available. For those attending in person, lunch is served at 11:30. The event program begins at noon for all attendees.
Key Takeaways:
- Understanding the Scale of Wealth Transfer: Gain insights into the magnitude of wealth that will be transferred from the Baby Boomer generation to their heirs and the broader implications for the economy.
- Effective Communication Strategies: Learn best practices for discussing wealth transfer with clients and their families to ensure clarity and reduce potential conflicts.
- Legacy Planning: Explore strategies for helping clients create lasting legacies that reflect their values and philanthropic goals.
- Charitable Giving: Discover how charitable giving can play a crucial role in legacy planning, including tax benefits and the impact on communities.
- Adapting to Client Needs: Understand the unique needs and concerns of Baby Boomer clients as they plan for the future, and how to tailor your services to meet these needs.
- Future Generations: Discuss the expectations and preparedness of future generations in receiving and managing inherited wealth.
We're excited for a robust conversation and hope to see you there!
