Family & Next Generation
The transmission of resources, responsibility and opportunity across generations.
What passes to the next generation besides money?
- 01Inheritance, stewardship and family structures
- 02Financial learning and early opportunity
- 03Care, household labor and shared resources
Library collection forthcoming.
The matrix is part of the Origin structure. Its Dictionary terms are available now.
Key concepts
All 17 entriesGenerational Wealth
Generational wealth is money and other valuable assets transferred across generations, together with arrangements that influence how those resources are held, used and preserved.
Inheritance
Inheritance is money, property or other assets passed to someone after another person dies.
Privilege
Privilege is an advantage linked to circumstances such as family resources, social position, connections or institutional access that others may not share.
Financial Literacy
Financial literacy is the knowledge and skills used to understand financial information, evaluate choices and make informed decisions about money.
Sandwich Generation
The sandwich generation refers to adults supporting younger and older generations at the same time, through money, care, time or a combination.