The Great Wealth Transfer: What Most Families Are Not Prepared For

Описание: Inheriting money sounds straightforward, but for many families, it becomes one of the most confusing and emotionally loaded financial moments they will ever face.

In this episode, the client learns why preparation, guidance, and the right advisor matter more than the inheritance itself.

Jim Sumpter, CFP®, is joined by fellow CFP® David Pulcini Jr. for an honest conversation about the Great Wealth Transfer and why so many families are not fully prepared when assets change hands. Together, they unpack what really happens when money, property, and responsibility pass from one generation to the next, and where costly mistakes often occur.

Jim Sumpter, CFP®, discusses:

Why most heirs are unprepared for inherited wealth
The difference between inheriting assets and managing them well
What fiduciary responsibility really means in real life
Questions every family should ask before and after an inheritance
Common mistakes families make when wealth transfers occur

Resources:

Six Point Financial Partners: YouTube Channel    / @sixpointfinancialpartners4351  

Connect with Jim Sumpter:

Phone: 205-510-9074
CMC Financial Website: https://www.cmcfp.com/
Personal LinkedIn:   / jamesdsumpter  
Company LinkedIn:   / cmcfinancial  
Facebook: https://www.facebook.com/profile.php?...
Instagram:   / cmcfinancial  
YouTube: CMC Financial -    / @cmcfinancialllc  

Connect with David Pulcini Jr.:

LinkedIn: David Pulcini Jr.   / davidpulcinisixpointfp  
SixPoint Financial Partners https://sixpointfp.com/

About Our Guest:

David Pulcini Jr. is a Certified Financial Planner® and founder of Six Point Financial Partners in Rochester, New York. He also hosts the podcast The Great Wealth Transfer, where he helps families understand inheritance planning, financial decision-making, and generational transitions.