While reliable data shows that the very rich are, for the most part, getting much richer, some families go from "riches to rags" by failing to carefully pass down wealth from generation to generation.

To prevent family wealth from being eroded down the line, younger generations must be treated as active stewards of a legacy rather than passive heirs.

From dividends to royalties, here’s how the wealthy create income streams that keep paying long after the work is done.

Here are seven scalable income strategies to create time freedom, generational wealth and lifestyle independence.

As baby boomers head deeper into retirement, financial experts say we are on the verge of a “great wealth transfer.” By 2048, approximately $105 trillion in assets will be transferred to heirs as the ...

For some families, assets passed down from one generation to the next are pivotal in determining long-term prosperity. Family businesses, real estate holdings, and capital market securities are some ...

Finance expert Rachel Cruze, part of the Dave Ramsey expert network (and his daughter), recently discussed the fact that wealth building is not as exciting as it may sound, but actually rather ...

Currently sitting eighth Forbes’ Real-Time Billionaires list with a net worth of $133.4 billion, Warren Buffett is a sterling example of an investor who stuck to his core financial beliefs early on to ...

A landmark study found that 60% of failed wealth transfers result from poor communication or lack of trust between ...

Richard Stern is Acting Director of the Thomas A. Roe Institute for Economic Policy Studies and Director of the Grover M. Hermann Center for the Federal Budget at The... Today the country stands at a ...