Five Potential Pitfalls for Next-Gen Philanthropists
Some of the most common traps advisors can help younger clients avoid. The portion of these assets used for social good represents an upcoming âphilanthropy boom.â Who will be receiving this wealth transfer? Largely millennials. Theyâre a generation thatâs grown up knowing hardship and unemployment, but thatâs still more generous than other generations. While the number of dollars they donate hasnât yet surpassed other generations, the percentage of people donating has. Millennial donors are different from their parents and grandparents. They often orient themsel...
Source: expertclick.com