Preparing for an inheritance means more than managing money. It means honoring everything your family built, and deciding what it means for generations to come.
Your family worked hard to build something meaningful. Through decades of smart decisions, sacrifice, and intention, they created a foundation of wealth—and a set of values to go with it. Now you’re preparing for one of the most significant transitions your family will navigate together, and you want to get it right.
Inheritance isn’t just a financial event—it’s a life transition that needs to be planned for. The families who prepare early are the ones who thrive.
An estimated $84 trillion will transfer from baby boomers to Generation X, millennials, and Generation Z by 2045. Of that, $72.6 trillion will be inherited directly—making this the most significant generational shift in financial history. And yet 70 percent of wealthy families lose their wealth by the second generation, and 90 percent by the third.
Wealth transfers don’t happen in a vacuum. They arrive alongside grief, family complexity, competing loyalties, and questions about purpose that no estate plan addresses alone. Most inheritors move through five emotional and financial stages—and where you are in that journey shapes everything about how you should prepare.
At RBC Wealth Management, we take a different approach—one that considers your full picture, honors your family’s uniqueness, and supports stewardship across generations. From RBC WealthPlan scenario modeling to family governance facilitation, trust structures, and NextGen education, we bring everything together in one connected plan.
Most inheritors move through five stages. knowing where you are helps you prepare for what comes next.
Know what your family has built—including financial assets, family dynamics, and the values that shaped them over generations.
Have honest, values-based conversations across generations to clarify your family’s core goals and intentions before they’re needed.
Create a plan that accounts for both the financial and emotional dimensions of a significant wealth transition—one that grows with your family.
Transitioning from building your own path to stewarding what your family created—and finding purpose in both.
Career pivots, retirement timing, and redefining what success looks like in this new chapter.
Physical, mental, and long-term care planning as an integral part of every family stewardship conversation.
Navigating new roles within your family and maintaining independence within deepening partnerships.
Processing the mix of gratitude, responsibility, and grief that often accompanies significant wealth events.
Preserve your family’s legacy by aligning everyone on intentions, values, and expectations before the transfer occurs.
Cultivate family culture and financial responsibility—helping the next generation feel empowered to carry what your family built.
Use family governance and thoughtful planning to navigate generational transitions with trust, communication, and unity.
Control over how and where you work—the flexibility to say yes to what matters without compromising your family’s security.
The confidence to actually spend and enjoy, not just accumulate. Knowing your number and trusting your plan.
Aligning your wealth with the life and impact you actually want—experiences, community, and the people who matter most.
Giving reflects who your family is—not just what you have. When generosity is rooted in shared values, it becomes part of the legacy itself.
Teaching children gratitude, responsibility, and the true meaning of wealth—so the next generation carries your family’s character forward.
Family governance frameworks that preserve heritage, shared purpose, and the intentions of those who built what you’ve been entrusted with.
We want to talk about your financial future.