How Merrill Advisors Help Rich Families With Wealth Transfers
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Merrill advisors are assisting wealthy families with wealth transfers, a process that is becoming increasingly complex due to factors such as longevity. The wealth transfer is expected to benefit the richest families the most, although some wealthy families have expressed regret over rushing to give gifts after a change in tax law. Financial advisers are preparing for a significant wealth transfer, which is seen as a major opportunity in the US wealth business.
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