Making the most of the Great Wealth Transfer & what steps to take this year

Over the next few decades, there will be a historic shift of wealth as older Americans transfer an estimated $30 to $70 trillion to younger generations. This unprecedented change has significant implications for planned and major giving, but it will also impact how younger generations manage their finances and engage in philanthropy.

For nonprofits, this represents a once-in-a-lifetime opportunity to raise money for their missions. However, nonprofit leaders must understand how the Great Wealth Transfer will impact charitable giving to capitalize on this unique moment in history.

Watch Patrick Schmitt, co-CEO of FreeWill, to learn valuable insights on the potential effects of the Great Wealth Transfer and the fundraising strategies that nonprofit leaders can adopt in 2023 in preparation for this epic change.

In this webinar, we covered:

• Understanding the Great Wealth Transfer
• Potential impact on younger generations
• What it means for charitable giving
• Strategies for non-cash giving

View our past webinars or nonprofit resources.