In this episode, Cory Procter addresses one of the most overlooked financial challenges: preserving inherited wealth. With an estimated $84 trillion expected to transfer between generations by 2045 — and $3 trillion to Gen X and Millennials — Cory warns that 70% of wealth is lost by the second generation, and 90% by the third.

He breaks down the key reasons behind this loss, highlighting that only 40% is due to poor investments. The real culprits? Probate, taxes, and lawsuits. Cory outlines how proper estate planning — including LLCs, trusts, and business succession plans — can shield families from these threats.

He emphasizes the importance of intentional planning, proper titling of assets, tax strategy for inherited IRAs, and teaching beneficiaries to view wealth as a stewardship responsibility. Whether you're passing down assets or preparing to receive them, this episode offers practical insight into protecting your legacy.

To learn more about Pro Capital Wealth Management, visit https://www.procapitaltx.com.

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