Fidelity uncovers the ugly side of inheritance
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By Damilola Esebame
Published on April 12, 2026.
Fidelity Wealth Management has released a report on the growing problem of unequal inheritances across American families. The report reveals that these unanticipated inheritances are fuelling legal battles, destroying sibling relationships, and leaving financial scars on families who never saw the conflict coming. An estimated $124 trillion in assets will transfer between generations through 2048, according to research from Cerulli Associates. Not every unequal inheritance is intentional, Fidelity's report highlights that inconsistencies between wills and beneficiary designations can result in outcomes the deceased never planned. The company's regional vice president, Michael Christy, recommends consulting other beneficiaries privately to resolve the issue. Only about half of Americans have a will, despite 90% believing having one is important. Fidelity’s 4 Roth strategies could save their family a fortune in taxes.
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