Wealth Transfer or Family Fire?

We are in the middle of the largest wealth transfer in human history. Trillions, and I mean trillions with a “T” are already moving from Boomers to their kids. By 2048, projections say the number will top one hundred trillion. That’s not Monopoly money. That’s real.

And yet, most of the conversation is happening in spreadsheets and boardrooms. Financial planners are laser-focused on protecting assets. Platforms are popping up to manage caregiving tasks. All good things, sure. But there’s one giant elephant in the room that nobody is addressing: family dynamics.

Because let’s be honest. A pristine estate plan doesn’t mean much if Dad refuses to tell anyone where he keeps the passwords. Or if your sister suddenly thinks she’s CFO of the family without asking. Or if Mom wires $40,000 to “a nice man” she met online.

This is why the work of supporting adult children of aging parents matters so much. It’s not just caregiving, it’s financial stewardship, family continuity, and protecting what parents spent a lifetime building. If families can’t communicate, that one hundred trillion won’t be a blessing. It will be a bonfire.

Want more insights like this? Subscribe to Thriving in Chaos and let’s change the conversation before the money (and the relationships) go up in smoke.

Looking for more support while navigating the squeeze, grab a copy of our book Thriving in Chaos: Navigating the Challenges of Aging Parents on Amazon, and stay connected with us at PeopleInTheSqueeze.com. You can find us on TikTok, Instagram, and YouTube @peopleinthesqueeze.