Family & Finance: Navigating Inheritance Conversations

MOBILE, Ala. (WALA) - As trillions of dollars prepare to change hands across generations with the Great Wealth Transfer, Fidelity’s newly released 2025 Family & Finance Study uncovers a surprising disconnect: while 97% of families say estate planning is important, nearly one-third haven’t had the conversations that make those plans effective. The study reveals:

• 52% of parents avoid discussing net worth with their children
• 95% of adult children say they’re ready to manage inherited wealth—but only 25% of parents agree
• 68% of parents haven’t shared inheritance details, despite having a will or estate plan

This generational misalignment presents a powerful opportunity for families to strengthen relationships and financial preparedness through open dialogue. Fidelity is offering tools and resources to help families bridge the gap—from wealth transfer checklists to planning support.

For more information visit: FCFE.Fidelity.com