Study: Indiana Could Experience Major Transfer of Wealth - Newsroom - Inside INdiana Business with Gerry Dick

Study: Indiana Could Experience Major Transfer of Wealth - Newsroom - Inside INdiana Business with Gerry Dick: "Study: Indiana Could Experience Major Transfer of Wealth

InsideIndianaBusiness.com Report

1/22/2007 2:35:07 PM
A new study commissioned by the Indiana Grantmakers Alliance projects that $412 billion will be transferred among Indiana generations by 2055. The study shows that with $66 billion expected to change hands by 2015, just five percent represents $3.3 billion that could be captured in community endowments for Indiana. Transfer of wealth opportunities were found to be the greatest in the larger and more urban counties, including Marion, Lake and Allen, but smaller and more rural counties still have viable opportunities."