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Bloomberg Wall Street Week - December 20th, 2024

Wall Street Week

CHAPTER

Wealth Transfer and Inheritance Dynamics

This chapter examines a report on the projected transfer of wealth in the U.S. over the next 25 years, revealing a shift in inheritance dynamics and a growing concentration of wealth among the ultra-wealthy. It discusses the implications of increasing inherited wealth, particularly among women, and critiques current estate tax laws and their effectiveness in addressing wealth inequality. The chapter highlights the broader economic challenges faced by those not inheriting wealth and the evolving roles of women in business and philanthropy.

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