In the next 20 years, an estimated $30 trillion will be inherited in the United States as the large and prosperous Baby Boomer generation passes its wealth on to the next generation. This is the largest wealth transfer in human history, and may be the single greatest opportunity for philanthropy in the modern era.

For the uninitiated, the math around planned giving (a broad term encompassing giving through estate and end-of-life planning, most commonly through bequests) can be staggering. Bequests from middle-class donors frequently exceed $100,000, and some colleges report that their typical bequest is 2,500 times their average annual gift. US nonprofits received more than $30 billion in bequests in 2016 according to Giving USA.

Read the source article at Stanford Social Innovation Review