Over the next two decades, the United States will experience the largest transfer of wealth in history—an estimated $124 trillion moving from older generations to younger ones. But this historic moment comes with a critical question: will it close the wealth gap, or widen it?

In this episode, recorded live at the Prosperity Summit in Washington, DC, on Oct. 6, 2025, we bring together four powerful voices from the national, legal and local levels: Amera Bilal, an equity-driven leader with Prince George’s County Government; Tracey Gronniger, Managing Director of Economic Security at Justice in Aging; Maria Jaramillo, Division Director for Financial Empowerment at the National Disability Institute; and Linna Zhu, Senior Research Associate in the Housing and Finance Policy Center at the Urban Institute. Together, we’ll unpack how the transfer of wealth will impact economic security, the structural inequities shaping who benefits, and the urgent policies and innovations needed to ensure equity as people age.

This isn’t just about economics—it’s about dignity, opportunity, and justice across generations.

This episode explores how something as seemingly simple as having a will can shape the future of wealth equity in America. Jean-Pierre Aubry, Founder and CEO of Aubry Wealth Management, joins us to unpack why wills and estate planning matter so deeply for families of color. Without a clear plan in place, property titles can become tangled, assets can be lost, and opportunities to pass wealth to the next generation often vanish. We will examine the numbers behind estate planning disparities—why Black and Hispanic families are far less likely to have wills compared to white families, and how those disparities widen the racial wealth gap. We’ll also address the challenges faced by unmarried partners, chosen families, and those who feel they “don’t have enough” to justify a will, as well as systemic barriers that make estate planning feel out of reach. With clarity and urgency, Aubry lays out how wills can serve as powerful tools for wealth preservation, inheritance, and justice. Listeners will learn about low-cost resources, promising community strategies, and policy approaches that could help expand access to estate planning and begin to close the wealth gap.

America is entering the largest intergenerational wealth transfer in history—an estimated $124 trillion moving from older to younger generations. At first glance, this moment seems poised to reshape opportunity for millions of families. But beneath the surface lies a sobering question: Unless policy and practice change, will this “great wealth transfer” actually cement America's deep racial wealth divide? In this episode, we sit down with Dedrick Asante-Muhammad, President of the Joint Center for Political and Economic Studies, to explore the intersection of wealth, race and generational change. We’ll discuss the role of the Civil Rights Generation (born 1925–1955)—a cohort that fought for political equality but saw economic equality stall—and how their legacy collides with today’s unprecedented concentration of wealth. From the impact of tax policy to the question of what older Americans can do to pass on not just wealth, but equity, we’ll explore what it will take to turn this moment into an opportunity for justice rather than another barrier erected to keep wealth divided.