Intergenerational Wealth Transfer Subject of New All-Council White Paper

CUNA Councils
August 30, 2007 | COMMENTS

The intergenerational wealth transfer involving parents of baby boomers, baby boomers, and their children is estimated at $20 trillion to $25 trillion over the next 20 years. Credit unions can learn how to take advantage of this opportunity to offer targeted wealth management services in a new white paper sponsored by all six of the CUNA Councils.

The “Capturing the Intergenerational Wealth Transfer: Trends and Case Studies” white paper discusses the trends, products, services and strategies for meeting financial needs during the intergenerational wealth transfer.

The paper profiles six credit unions that offer these services to their members, and offers tips to success. Additionally the paper presents reverse mortgages, market index-linked CDs, and 1031 exchanges as options to consider for a wealth management portfolio.

Members of the CUNA Councils are entitled to a complimentary copy of the white paper through the council’s Web site. Non-members may purchase the white paper for a price of $50 per copy online.

To view all available white papers, click here.