Charlie Massimo, Senior Vice President and Financial Advisor at Wealth Enhancement, was featured by InvestmentNews in an article titled, “Why the Biggest Risk in Wealth Transfer Isn’t Taxes. It’s Silence.”
“We know how to move money efficiently – that’s plumbing, and any competent advisor can do it. What families underestimate is that you can transfer the assets flawlessly and still transfer nothing that matters,” he says. “The real risk is that heirs inherit the money without inheriting the meaning behind it. Nobody ever sat them down and explained what the money is for and what it was built to protect, who it was built to serve, what the family actually believes.”
Access the full article authored by Steve Randall here:
https://www.investmentnews.com/practice-management/why-the-biggest-risk-in-wealth-transfer-isnt-taxes-its-silence/267556
