Amber Daines wants her kids to inherit more than just wealth.
Max Phelps, 55, is an anomaly. The mortgage broker owns 10 properties and not one of them is his own home. But in other ways, his approach to his finances is squarely in line with his peers. Phelps is part of a growing trend among people of his age to pass on his wealth before he dies. This is very different to previous generations.
Max Phelps’ approach to passing on his wealth is akin to many Gen X-ers: they want to give their kids financial security before they die. Fellow Gen X-er Amber Daines, 47, has a similar outlook. But the legacy she wants to leave is more than just about her money and assets.
