Guiding Generations: Making the Most of Australia’s Wealth Handover

Australia is in the midst of one of the most significant financial shifts in history: the great intergenerational wealth transfer. Over the next two to three decades, an estimated $3.5 trillion in assets will move from Baby Boomers to their children and grandchildren—largely made up of property, superannuation, and investments.

But this is about more than just passing on money—it’s about securing financial well-being, family harmony, and a lasting legacy. At JBS Financial, we’re proud to stand beside our clients as they navigate this deeply personal and important chapter.

The Scope and Scale of Australia’s Wealth Transfer

According to AMP, over $3.5 trillion is set to be passed on over the next 20 years—the largest wealth handover in Australia’s history. Much of this wealth is tied up in property, superannuation balances, and share portfolios built over decades by diligent savers and investors.

Despite the magnitude of this transition, SBS reports that most inheritances occur later in life—around age 50 or beyond—when recipients may have already built their own financial foundations. This raises important questions about the real impact of inheritance and how strategic planning can enhance—not delay—that impact.

Additionally, Morningstar highlights that women are expected to be the primary beneficiaries of this wealth shift, set to inherit approximately 65% of the assets being transferred. This trend makes the need for tailored financial advice for women even more pressing.

A Family Affair: Building a Strategy That Spans Generations

Estate planning is often overlooked—until it’s too late. But taking the time to document your wishes and talk with your family about your intentions can make all the difference.

At JBS Financial, we support clients in having the right conversations—and, importantly, we’re also working with their children to help manage the next stage of the journey. From strategic gifting to tax-efficient transfers and holistic financial advice, our goal is to ensure your legacy is preserved and your family is prepared.

“We’re seeing a real shift, where our long-standing clients are not only planning how to pass on their wealth—but now introducing their adult children to us too. It’s a privilege to help guide both generations through this process, ensuring that the wealth they’ve built isn’t just handed over, but handed over wisely.”
— Jenny Brown, CEO, JBS Financial

It’s Not Just About De-Accumulation—It’s About Growing Through the Transition

As our clients move into the de-accumulation phase of life, it’s important to recognise that this stage isn’t the end of a financial journey—it’s the evolution of one. At JBS Financial, we believe that legacy planning is also an opportunity for growth, both for families and their future financial wellbeing.

That’s why we take a proactive approach to intergenerational wealth transfer, helping families:

  • Conduct financial health checks to understand current position and future goals
  • Facilitate beneficiary meetings to ensure clarity and minimise conflict
  • Map the family tree to help identify who needs support now and in the future
  • Provide financial literacy support for younger family members
  • Help clients and their loved ones understand the real impacts of financial risks as they age

These aren’t just tasks—they’re meaningful conversations that prepare your family for what’s next.

Why Timing and Strategy Matter

Despite the sheer size of Australia’s wealth transfer, only about one-third of wealth persistence can be directly linked to inheritance. Early advantages—like access to education, networks, and support—play a much bigger role in shaping future financial well-being.

That’s why timing your gifting or wealth transfer can be just as important as the amount being passed on. In some cases, early assistance with housing or education can create a more lasting legacy than a large inheritance later in life. This requires thoughtful planning, communication, and professional guidance.

Creating a Lasting Legacy Starts with a Conversation

At JBS Financial, we take a comprehensive, human approach to estate and wealth transition planning. We work alongside your estate lawyer to ensure your plan is not only legally sound but aligned with your family values and financial goals.

Whether you’re just starting to think about your legacy or ready to take the next step, we’re here to help facilitate meaningful discussions and craft tailored strategies that protect what you’ve built—and the people you love.

📞 Let’s talk about how we can help you manage your legacy with confidence. Contact JBS Financial today.

 Sources:

Comments ( 0 ) Share