How to Avoid Screwing Up an Inheritance

Podcast: Wisdom & Wealth with Cory Procter · Pro Capital Wealth Management

Opublikowano: 2025-08-05

In this episode, Cory Procter addresses one of the most overlooked financial challenges: preserving inherited wealth. With an estimated $84 trillion expected to transfer between generations by 2045 — and $3 trillion to Gen X and Millennials — Cory warns that 70% of wealth is lost by the second generation, and 90% by the third. He breaks down the key reasons behind this loss, highlighting that only 40% is due to poor investments. The real culprits? Probate, taxes, and lawsuits. Cory outlines how proper estate planning — including LLCs, trusts, and business succession plans — can shield families from these threats. He emphasizes the importance of intent...