Observations all along the line - Kimball & the Southern Panhandle First

Kimball Area Foundation Wealth Transfer Report

The Nebraska Community Foundation completed its 2011 Transfer of Wealth Study which provided insight into the abundance Nebraska enjoys and the opportunities to act now.

Over the next 50 years, $603 billion will transfer from one generation to the next within Nebraska. This wealth may be held in residential and agricultural real estate, securities, retirement accounts, business ownership, and other assets.

In Kimball County, the estimated 50 year intergenerational transfer of wealth is $1.14 billion. This equates to $160 million in just the next 10 years. Some of this wealth will go to taxes....