On Friday, March 6th, the U.S. Department of Treasury and the Internal Revenue Service released the first set of proposed rules for a new federal savings program, known as Trump Accounts, designed for children. With more information on the horizon, here's what we know so far.
“Life affords no greater responsibility, no greater privilege, than the raising of the next generation.” This quote from former U.S. Surgeon General C. Everett Koop highlights a powerful truth: for many, the ultimate goal isn't just financial security—it's leaving a meaningful legacy. Over the next two decades, an estimated $84 trillion will pass from the Silent Generation and Baby Boomers to their heirs, in what's been dubbed the Great Wealth Transfer. But this shift is about more than money. It’s already transforming how families think about financial planning, charitable giving, and legacy-building.