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Homebuyers need to establish their non-negotiables to facilitate their search for the next property and may benefit from exploring off-season purchases, which could yield better pricing.

The $124 Trillion Wealth Transfer: Analyzing the Implications

Looking ahead, a staggering $124 trillion in wealth is projected to shift hands through 2048. Mary Ougo, Chief Wealth Strategist at Ferguson Wellman Capital Management, emphasized the importance of implementing effective risk management practices for both givers and receivers in this wealth transfer process.