A big part of the financial conversation for families right now is Generational Wealth Transfer, which refers to assets that are being passed from one generation to the next. These assets can include stocks and bonds, savings accounts, real estate – basically anything that can be owned. 

How exactly does Generational Wealth Transfer work, and how can a family best prepare themselves to manage it? Host Lou Scatigna, CFP explains in this segment from “The Financial Physician.”