If The PBGC Calls, Hang UpThere’s a massive transfer of wealth on the horizon. Only three in ten high net worth individuals have a full wealth transfer plan in place, according to a survey from RBC Wealth Management. The individuals surveyed live in the United States, Canada and the United Kingdom, and they have an average net worth of $4.5 million. “Many financial advisors have resources for helping with financial literacy for families,” Haskins says. “Interview several financial advisors and ask many questions about their experience in managing families with wealth transfer to find the right fit.”-- Follow Kate Ashford on Twitter.

Source: Forbes January 31, 2017 22:29 UTC