Multigenerational Shift: Navigating Great Wealth Transfer is a Boon for Attorneys, Estate/Investment Planners

Day Pitney Private Client Department Chair B. Dane Dudley was featured in the Hartford Business Journal article, "Multigenerational Shift: Navigating Great Wealth Transfer is a Boon for Attorneys, Estate/Investment Planners."

When asked about how he advises clients on managing the transfer, Dudley commented, "Parents sometimes worry about their children responsibly handling newfound wealth, so they arrange for a more controlled asset allocation, such as a restricted trust. All those questions have to be answered, and it takes time, and it takes self-awareness and soul-searching to figure out what's the best plan."

Read the full article here.