Much of that fortune is in real estate, and boomers can use their properties to secure their wealth for posterity — but they have to do it right.

“Individuals with accumulated wealth often consider how best to transfer that wealth to their loved ones — and how to preserve and grow value for future generations,” said Melissa Goikhman, a New York City-based estate planning attorney and founder of Legacy Wealth Counsel. “This is where estate planning and intergenerational wealth planning meet.”

Read More: https://finance.yahoo.com/news/real-estate-transfer-baby-boomers-150025107.html