Inheritance: The Transfer of Wealth Between Generations
How wealth actually moves between generations in 2026 — the $15M exemption, the step-up in basis, lifetime gifts, dynasty trusts, and the talk-to-the-heirs problem.
How wealth actually moves between generations in 2026 — the $15M exemption, the step-up in basis, lifetime gifts, dynasty trusts, and the talk-to-the-heirs problem.
The 25 wealthiest Americans paid a 3.4% income-tax rate on their wealth growth, per ProPublica. The structures that produce that number — explained, not editorialized.