The Great Wealth Transfer: A Defining Moment for Women and Wealth

The largest wealth transfer in modern history is already underway. Over the next two decades, $124 trillion is expected to pass from Baby Boomers and the Silent Generation to their heirs.

And here’s the defining shift: women will inherit and ultimately control most of this wealth.

Because women typically live longer, they often become final decision-makers for family wealth. At the same time, more women are business owners, executives, and primary earners than ever before.

Women are not just inheriting wealth. They’re actively shaping financial outcomes for families and communities.

I recently had the privilege of serving as a featured speaker at The Great Wealth Transfer webinar, where we explored how this shift is reshaping families, communities, and the financial industry. 

Here are five key takeaways that stood out from the discussion:

1. Women Are Stepping into the Driver’s Seat

Women already control one-third of U.S. household financial assets and 44% of high-net-worth wealth. Those numbers will rise sharply, shifting decision-making power for generations to come.

2. Confidence Gaps Persist

Many women still feel unprepared:

• 85% lack confidence managing an inheritance or windfall
• 80% of widows change advisors within a year

Traditional advisory models often don’t address values, caregiving roles, philanthropy, or education, yet these are central to many women’s financial lives.

3. Start with Reflection and Family Conversations

Before legal or financial steps, two conversations matter most:

• With yourself: Clarify your values and money’s role in your life.
• With your family: Transparent estate discussions build trust and reduce future conflict.

4. Build a Strong Professional “Triangle”

Major wealth transitions are best navigated with a collaborative team:

• A financial advisor to align wealth with goals
• An estate attorney to protect your legacy
• An accountant to ensure tax clarity

Working together—not in isolation—provides stability during complex transitions.

5. Preparation and Community Build Confidence

Preparation is empowering. 

Organizing key documents, participating in financial meetings, and understanding key roles reduce stress during transitions.

Community matters too.

Peer networks, educational programs, and shared conversations normalize wealth discussions and build lasting confidence.

Lead This Moment with Intention

The Great Wealth Transfer represents a once-in-a-generation opportunity for women to lead. But leadership requires preparation, reflection, and trusted guidance.

At WiseOak, we help women align their wealth with their values, navigate life transitions with clarity, and build legacies that last.