Women don't feel great about the 'great wealth transfer' due their way

Key Points:

• Women are set to be the biggest beneficiaries of the $124 trillion "great wealth transfer" through 2048, with widows expected to receive about $54 trillion, nearly doubling female-controlled assets to $34 trillion by 2030.
• Despite this impending windfall, many women feel unprepared to manage inherited wealth; a 2025 survey found 84% of women lacked confidence in handling an inheritance, compared to 73% of men, often feeling confused or overwhelmed.
• Historical gender roles and financial industry practices have contributed to women's lack of confidence, as older women were less involved in money management and financial advisers traditionally focus more on male clients.
• Financial advisers are encouraged to engage both spouses early in estate planning to ensure women have clarity and input, while new platforms like Alix and ClearEstate are emerging to support women in estate administration and managing inheritances.
• Women are also expected to increase philanthropic efforts with inherited wealth, prioritizing causes such as education and healthcare, but must overcome challenges in estate administration, which often disproportionately falls on them during emotionally difficult times.