A massive train of wealth transfer is bearing down on society, and it is not going to stop. During the next quarter century, the United States will experience the largest transfer of wealth in modern history. According to the financial consulting firm Cerulli Associates, over the next twenty-five years, forty - five million households will transfer an estimated $68.4 trillion to the next generation. If your family is among those participating in this transfer, there are many significant actions you need to take ― because doing it well will affect the lives of everyone in your family and their descendants, and the life of our society as a whole. Effective wealth transfer requires intelligent dialogue with, and consideration for, each inheritor and the whole family. In Your Time with the Baton, Steve Braverman, a veteran wealth manager and man of wealth himself, provides you with an intimate perspective on how to make this happen. EMBRACING THE OPPORTUNITY OF WEALTH MANAGEMENT AND TRANSFER FROM HIS PERSONAL AND PROFESSIONAL EXPERIENCE, Steve Braverman has learned that wealth management and transfer needs to be defined by far more than just numbers. Personal and professional experience has taught him that much more goes into creating a successful legacy. With Your Time with the Baton he moves beyond the basics of setting up a trust and having good investments to the challenges of communicating with family about what is often a difficult subject. Steve makes it clear that everyone involved in managing, consuming, and transferring family wealth needs to think about what wealth means, what the family values are, why the grantors want to pass their money on, and what the inheritors want to do with it. They need to establish an ongoing dialogue that takes each person involved seriously. Ultimately, all of these people will function best as part of a team, like runners in a relay race, working together, listening to, learning from, and celebrating each other, thereby making the individuals on the team more fulfilled and the team more successful ― and, he hopes, also contributing to society in creative and lasting ways. That is a legacy that anyone can be proud of. STEVE BRAVERMAN is a cofounder, former CEO, and now Co-Chairman of Pathstone, an independently operated partner-owned advisory firm providing objective advice to families, family offices, and select institutions. Pathstone’s objective is to help clients create, manage, and preserve wealth across generations. Steve manages his own family’s single-family office and therefore knows wealth management and its related issues from both the client and the client service sides, and he enjoys sharing that knowledge whenever possible.